Each year, in different countries, a large amount of money is invested by governments and people in celebrating special dates. I disagree, because national celebrations play an important role in some countries’ economies, and for individual citizens, the importance of the dates lies in reflection and identity strengthening.
Massive tourism can be attracted by national festivities as they are part a country’s cultural portfolio. Gradually, tourists end up spending their money on accommodation, transportation, restaurants, and other services. This expenditure can represent a significant part of the national GDP, in this way, governments get pay-back for their initial investment. To some extent, specifically in Brazil Rio’s carnival: more than 100,000 people, between locals and foreigners attend the streets of Rio to watch the parade of colors, music, and dancers. In fact, the administration reported nearly 830 million euros of income earned last year.
A majority of special celebrations occur on days off. People prefer to share time together and build a collective sense of community, even with neighbors, rather than spending money disproportionately. For example, in Colombia, every 7th December people light candles in gratitude for the good and bad things that have happened, also they set goals for the next year or commemorate someone. Beyond the candles and food expense, the importance of that day is to reconnect with people and one’s inner self.
In conclusion, I disagree with spend to much on celebrations because economic activities related to festivals already contribute to the return on investment and bring a great opportunity to discover the value of people’s connections.