Question

In: Finance

In the future, traditional markets such as Hafa Souq and Mutrah Souq might disappear as people...

In the future, traditional markets such as Hafa Souq and Mutrah Souq might disappear as people are going more to shopping malls these days. Do you agree or disagree?

Solutions

Expert Solution

Yes Large shopping malls are replacingsmall shops essay. Large shopping malls are spreading their wings all around the globe by replacing traditional small shops. It is becoming apparent in all urban areas. It is agreed that mall culture should be promoted but, not at the cost of small shops.

The major reason that people are preferring malls is the convenience of getting our daily needs including groceries, clothes, shoes, books etc under one roof along with cinemas and entertainment arcades making it a one-stop solution. The people backing the idea of promoting mall culture supports it with the fact that it not only saves a lot of time of shopping in-fact saves time from bargaining also as things are available at fixed prices.

Regardless of their endless advantages, they do have some disadvantages. The malls are taking away local and small shops thus the decision to promote large shopping malls taking the bread out of the mouths of many people. The shopkeepers are left with no means of earning a living. Only a few customers buy products from small local shops and the practice is greatly affecting the local economy. Moreover, in malls, people are tempted to buy unnecessary things hence burning a hole in their pocket.


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