Tobacco is one big industry with its claws spread all over the world. Although there is no denying on the negative health concerns that tobacco consumption raises, we in a long run have not seen any ban. The primary reason is the benefits the tobacco industry contributes towards the world’s economic growth and is a prime source of income for many forgotten livelihoods. This time we are looking at an IELTS essay sample answer on the economics of tobacco.
You should spend 40 minutes on this task.
Despite its negative health effects, the tobacco industry remains an important part of the economy of many nations. Discuss.
You should write at least 250 words.
Tobacco is one of the leading causes of death across the world, causing death ranging from cancer to ischemic heart diseases among many others. Despite its negative health effects, the tobacco industry is beneficial to the global economy at primary, secondary and tertiary level. Firstly, it provides a source of income to the otherwise poor families in rural areas. Secondly, it is a livelihood for many small businessmen and the street vendors in the country. The tobacco industry has an appalling negative impact on the society but its economic contribution cannot be neglected.
Tobacco is the main source for many livelihoods living in many countries around the world. It requires less fertile soil on the farm or region and produces better results from tobacco per unit land. In addition, growing tobacco gives way to the successful production of other crops along with animal rearing.
Even more, the tobacco industry is also a source of income for many street vendors in big cities. Most vendors serve tea, newspaper etc along with tobacco to ensure higher income. Also, there are bars and restaurants that serve different forms of tobacco for profit margins.
Moreover, tobacco industry also benefits the government from the foreign exchange when exporting it to other countries. For instance, Brazil earns around 2% from exporting tobacco to the world.
Overall, the tobacco industry has laid down its root in our systems giving the society certain monetarily benefits. However, a cumulative effort from within the society and government to channelize the economy in a way that dependence on tobacco industry can be minimised, both of individuals and society is the need of the hour.