In recent years, the prevalence of shopping has soared. While few years ago it was nothing more than a laborious chore; however, in contemporary world it becomes popular leisure activity among people. The question arises whether it has positive impact or not. I believe it is a complex issue which consists both negative and positive aspects and this essay will explain the reasons.
Undeniably, shopping offers an abundance of benefits to both consumers and producers. Firstly, purchasing goods provides sense of happiness to individuals. Moreover, surge in shopping can be a significant economic driver. As surging demand of products requires vast production unit, translate int, it will emerge myriad of job opportunities for people. For instance A recent article published by The Financial Times delineates that expansion of malls played crucial role to increased India GDP. As they brought plethora of job opportunities for students and working class people in last decade. Demonstrate the vitality of shopping markets in country.
Conversely, the exorbitant production of goods hinder environmental conditions. Moreover, Since the inception of technology people reliance towards new products has increase exponentially. Individuals often prioritise new products over used goods or recyclable. In addition, surging demands of product emerge inflation in society which chokes people from indigent background. For instance A study conducted by Harvard Medical and Research institutes illustrates correlation between increasing inflation also increase malnutrition among improvised people.
In conclusion, While shopping promise plenty of opportunities and sense of relaxation. However, it imperative to acknowledge the inherent limitation. While promoting sustainable shopping where consumption of recyclable and used goods will be priorities we can pave a way for better tomorrow.