Shopping can be explained as a phenomenon of acquiring goods which are either a necessity or serve the sole purpose of maintaining people’s mental peace. However, this is not the entirety of it. Apart from being a materialistic urge, it has the power of creating, maintaining and rebuilding industries, economies and professions. No wonder it has survived ages in this readily changing world and the reason is simple; it is a way of living for individuals and not always a status of luxury even though it might come out as one.
Shopping as a creator:
The art of exchanging commodities and necessities has been known since the cave ages. With a lot of change in the way it’s handled and the degree to which it provides for basic existential conditions, its overall lookout has changed completely from standing in queues in front of shops to walking through stores and malls to online buying of articles. Yet the way it creates opportunities and money for the seller in specific and the country in general, remained the same.
Its role in the growth of industries:
The craze of the products being retailed tends to affect the involved industries directly. More the consumption, more the production and hence greater turnovers for companies. As the industries flourish and expand, it increases opportunities for individuals seeking jobs. Not only that, it promotes new startups and sections and industries to be built based on the average market value of items in demand and need of the public. For example, industries like fireworks and online marketing are heavily dependent on public demand and experience price hikes and lows with changing seasons.
Its role in the economy:
The dollar paid while shopping ads up to the local economy directly or indirectly which in turn adds up to the economy of the country. As new startups grow and established companies expand, the per capita income of the country increases as well.
It can be made as a wise investment:
Shopping for real estate and valuables like jewelry and antiques serves as non-cash banks for individuals for generations. It gives a sense of security to people. Once invested, their value normally tends to increase if not met with a devastating downfall due to environmental or political issues. Therefore, investing in ever-growing valuable objects further increases the sustainability of individuals in the unpredictable world.