In some countries, people are buying fewer new things and more second-hand things.
What do you think are the reasons for this? Is it a positive or a negative trend?
Give reasons for your answer and include any relevant examples from your own knowledge or experience.
In some parts of the world, people prefer purchasing previously owned products over new ones. They opt to buy such items mainly for personal and pecuniary reasons, but I firmly believe that this trend has far-reaching benefits.
There are two main reasons why many people believe that second-hand items are worth buying. First, such items usually come at a fraction of the price of the new ones. For instance, people buy used vehicles due to the depreciation of brand new ones in their first few years. In other words, buyers believe that a well-maintained car that is only a few years old could save them thousands of dollars. Second, some people believe that older items often come from a bygone era when quality was prized over quantity. This belief mainly stems from the fact that many new products, such as refrigerators, require costly regular maintenance, while the old ones continue to work without such requirements. Therefore, opting for quality used items is believed to help people be in a better financial standing at the end of the year.
The above-mentioned personal gains, in my opinion, are insignificant compared to the environmental and economic benefits of the second-hand economy, which supports my optimistic view of this tendency. From an environmental perspective, buying pre-owned products would decrease the demand for the manufacture of new ones, hence reducing the depletion rate of natural resources such as oil, water, and trees, which are used as raw materials. From an economic standpoint, such purchasing habits help local businesses to grow. For example, if a car manufacturing company received less local demand for new vehicles, it could focus more on export and expand into foreign markets, which will lead to more foreign currency earned. Eventually, all these benefits will improve the nation’s environmental and economic health.
In conclusion, the move toward purchasing pre-owned items is mainly due to the lower purchase costs and better reliability, and I think that its benefits positively impact the natural world and economy.
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