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Part 3

Band 5+: How might the growing trend of minimalism affect local economies and consumer culture?

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77% Accuracy The overall pronunciation accuracy of your speech, reflecting how well a native speaker can comprehend it.
Polished transcript:
Male Female
I believe that the trend of decluttering and minimalism can affect the economy and consumer behavior significantly in several aspects. First of all, for the economy, as people are following the minimalism trend, they will likely spend less on unnecessary things and focus more on practical things that are needed in their daily lives. For example, it can cause an economic downturn as customers will purchase fewer products and consume less than they were. For example, with the growth of fast fashion clothes, the economy has been growing strongly as it created a lot of job opportunities. And also as people spend more, there will be more GDP for the economy and in terms of consumer behaviors with the trend of minimalism.
Actual audio transcript (What native speakers are likely to hear):

I believe that the chain of decluttering and minimalism can affect the economy and consumer behaviour significantly in several aspects. First of all, for the economy, as people are following the minimalism effect, they will be likely to spend less on unnecessary things and focus more on practical things that are needed in their daily lives. Like for example with it can cost the economic downturn as the customer will purchase less products and consume less than they were. Like for example, with the growth of fashion clothes, the economy has been growing strongly as it created a lot of job opportunities. And also as people spend more, there will be more GDP for the economy and in terms of the consumer behaviors with the chain of minimalism.

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Speaking Time: 49 seconds

Answers On The Same Topic:

How might the growing trend of minimalism affect local economies and consumer culture?

As economic situations in many countries are becoming unpredictable and unstable, It is hard for a lot of people to remain the same throughout this process. Many of them started to advertise the minimalism trend because it is helping them to co-op their necessities such as to prevent them from purchasing only one item with […]

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