12 April 2025, IELTS Exam, Writing Task 2, Evening Slot, INDIA
12 April 2025, IELTS Exam, Writing Task 2, Evening Slot, INDIA
Q. Many people are earning more these days to buy goods and avail good services. Do the advantages of this outweigh the disadvantages?
In today’s fast-paced world, an increasing number of individuals are earning higher incomes, enabling them to purchase a wide range of goods and access premium services. While this trend brings about notable benefits such as improved living standards and economic growth, it also raises concerns regarding materialism and social inequality. This essay will argue that the advantages of increased earning and spending generally outweigh the disadvantages, provided there is a balanced approach.
On the positive side, higher earnings significantly contribute to an individual’s quality of life. With greater financial resources, people can afford better healthcare, education, housing, and leisure activities. These improvements not only enhance personal well-being but also foster overall happiness and productivity. Moreover, increased consumer spending stimulates economic growth, as businesses thrive on demand, leading to job creation and innovation. For instance, the rise in disposable income in countries like South Korea and Singapore has fueled rapid development and lifted millions out of poverty. Additionally, earning more often motivates individuals to work harder and develop new skills, contributing to a more competent and competitive workforce. It also empowers people to support charitable causes and make investments that can benefit society in the long run.
However, there are some drawbacks. One significant concern is the growing culture of consumerism, where people equate success with material possessions. This mindset can lead to unnecessary spending, debt, and a decline in mental health due to constant comparison and pressure to keep up. Furthermore, while some enjoy increased earnings, many others remain in low-income brackets, widening the gap between the rich and the poor. This disparity can result in social tensions and reduced social cohesion. Despite these disadvantages, the overall impact of increased earnings is largely positive when managed responsibly. Governments and individuals can address the negative aspects by promoting financial literacy, encouraging sustainable consumption, and implementing policies that reduce income inequality.
In conclusion, while the growing ability of people to earn more and access quality goods and services has its downsides, the advantages – particularly in terms of improved living standards and economic progress – clearly outweigh the disadvantages. A mindful and inclusive approach can ensure that the benefits of this trend are shared by all.
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