STEPS TO WRITE ESSAY 💡MAIN POINTS💡OVERVIEW

I. Introduction
A. Definition of saving
B. Importance of saving in the economy
C. Purpose of the essay

II. Reasons why a government should encourage an increase in saving
A. Reduction in spending
B. Improvement in the current account balance
C. Provision of finance for investment
D. Provision of a safety net for households and firms
E. Financing of education and healthcare
F. Provision of income during retirement

III. Reasons why a government should not encourage an increase in saving
A. Possibility of a recession
B. Decrease in economic growth
C. Cyclical unemployment
D. Low incomes of people
E. Reduction in tax revenue from indirect taxes

IV. Analysis of the table
A. Comparison of the reasons for and against encouraging saving
B. Evaluation of the impact of each reason on the economy
C. Identification of the most significant reasons

V. Conclusion
A. Summary of the main points
B. Personal opinion on whether a government should encourage an increase in saving
C. Final thoughts on the topic.