IELTS Speaking | Things You Can Say About Money

Things you can say about money

Society and Money

  • Today's society is very materialistic and consumer orientated
  • Many people are always ambitious to earn more money
  • People alwayd try to buy bigger houses and better cars
  • Many people think material possessions will make them them happy
  • Having a lot of 'things' is seen as a sign of success
  • Luxury brand names like 'Mercedes' and 'Ralph Lauren' are considered status symbols
  • The advertising industry always create new desires for people to spend their money on
  • Many people are easily persuaded to follow the latest trends, spending money to keep up with fashion and the 'in crowd'

Good Things / Advantages / Positives of Consumerism

  • When peope consume it creates employment and stimulates the economy
  • It can help to reduce poverty
  • Businesses are encouraged to be innovative and creative to remain competitive
  • Consumerism can lead to a better quality of life or standard of living
  • Some people feel happier when they buy things

Bad Things / Disadvantages / Negatives of Consumerism

  • Societies and economies based principally on consumerism create much more waste
  • Consumerism creates the need to use many natural resources
  • The process of producing and consuming creates environmental damage
  • Today's 'throw away' or disposable culture is a direct result of consumerism
  • Advertising agencies try to persuade us what we need and what we should want in life
  • Studies have proven that consumerism does not make people more happier or more satisfied in life
  • Being materialistic can lead to greed which can lead to crime
  • A consumerist society can quickly lose its traditional values

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