Nowadays, many people are buying fewer new things and more second-hand goods. What are the possible reasons for this trend? Is this a positive or a negative development?
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It is a fact that people are becoming more consumptive and materialistic these days, as many of them purchase luxurious goods or things that they do not really need and debts are common among such people. There are various reasons that have caused the situation and the following essay will discuss them and some of the things that people could do to address the problem.
Buying unnecessary things despite some people's financial limitation and getting into debt have affected our society severely. There may be various reasons for this attitude, but in my opinion, competition, social tradition, greed, marketing tactics, and materialistic expectation are the influencing factors for such a trend.
Nowadays, as a result of economic growth, the incomes of people are increasing and they start to consume more goods than the past. However, some people get to be in debt because of buying goods, which they do not actually need and could not pay.