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People do not appreciate the value of money anymore


You should spend about 40 minutes on this task.

Present a written argument or case to an educated reader with no specialist knowledge.

Write about the following topic:

There was a time when people only shopped out of necessity but these days shopping seems to have become a new form of leisure activity. People do not appreciate the value of money anymore. To what extent do you agree with this view?

Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Write at least 250 words.

Sample Answer:

In today’s consumer-driven society, it is undeniable that shopping has evolved from a mere necessity to a leisure activity for many individuals. While some argue that people no longer appreciate the value of money, I believe that this view is not entirely accurate.

First and foremost, it is important to acknowledge that the way people shop has indeed changed over time. With the advancement of technology and the rise of e-commerce, shopping has become more accessible and convenient than ever before. As a result, many individuals now engage in recreational shopping, often purchasing items they may not necessarily need.

However, it is unfair to say that people no longer appreciate the value of money. In reality, the concept of value is subjective and varies from person to person. While some may prioritize material possessions and indulge in luxury items, others may place greater importance on experiences and savings. Therefore, it is crucial to recognize that people’s spending habits are influenced by a multitude of factors, including personal values, financial circumstances, and cultural norms.

Furthermore, it is essential to consider the broader economic context in which consumer behavior occurs. The rise of leisure shopping has undoubtedly contributed to economic growth and job creation, benefiting businesses and communities alike. Additionally, the concept of leisure itself has evolved, with many individuals finding enjoyment and fulfillment in the act of shopping.

In conclusion, while it is true that shopping has become a leisure activity for many, it is unfair to generalize and claim that people no longer appreciate the value of money. Instead, it is important to recognize the complexity of consumer behavior and the diverse motivations behind it. Ultimately, the perception of shopping as a leisure activity is a reflection of changing societal norms and individual preferences, rather than a lack of appreciation for the value of money.

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