Spend Your Money Wisely
The United States has faced a very significant economic growth after the Second World War. At that time, war was finished, and the American soldiers were back to their homes. There were ready to make their future houses and start families. In other words, they started spending money in the market acquiring commodities and services rendered at that time. The country faced a population growth, -as they are refereed to baby boomers- production growth, and as a result an economic growth. Since then the spending attitude of the American individual was rising. Most of the producers have more than enough customers to buy their commodities in the market. The problem is, spending behavior is becoming worse. Who should we blame here? Is it the customers or the producers? To answer this question, I would like to examine the behaviors of consumers, and producers. Buyers in any society tend to spend more money on commodities that are necessary to life. However, the typical American consumer tends to be one of the highest spenders in the world. Most of the United States consumers save around 5% of his income where, on the other hand, Japanese; for example, have 15% or more of their income goes to their saving's acc
a research about the spending behavior of the typical american People are pumping more money in the market for goods that they never need only to satisfy the greed to acquire more of what is available products resulting in more debts, family breakdowns, and more littering. On the other hand, producers are working hard to give the society more of useless products, leading to more environment pollution. A wise person knows how to control his or her unlimited needs and encourages others to choose products wisely. I am not saying that you are not entitled to buy anything that you can benefit from, but I am trying to pass this message: "Now you know what can results form unnecessary spending, please spend your money wisely." Producers' goal is to sell more, and to maximize their profits. How do they do that? Basically, they increase production and cut costs. Costs of production are very high sometimes. Costs are divided into two categories. Tangible costs are those costs that include labor, raw materials, and machinery and equipment. These costs are usually that producers try to cut back. The other type of cost is the intangible one. They include mainly clean environment. It is also called indirect cost. Usually, producers do not pay attention to such costs. As a result, a polluted environment will be gradually the actual environment that humans are living in. as production rise, waste and litter rise, too. It becomes worse and worse when producers found out about outsourcing. Outsourcing is to allocate resources where they are cheaper than the local area producers exist. For example, labor costs are very high in the United States while; on the other hand, it is much cheaper India. What will happen as a result? Manufacturers build their factories there in India instead of
Some common words found in the essay are:
World War, India India, Wisely United, spending behavior, spend money, spend money wisely, environment pollution, credit card, air pollution, money market, buys product, usually producers, costs costs, typical american,
Approximate Word count = 1205
Approximate Pages = 5 (250 words per page double spaced)
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