extravagant expenditure in feast, festival and other occasions obstructs the development of the society. how ?

The redundant expenditure on festivals or feasts can be used for productive purposes like healthcare, infrastructure, education, saving for an emergency, etc.

Explanation:

As we know, the celebration of any festival causes extravagant and improvident expenditure on the unnecessary arrangement of feasts, new clothes, jewelleries, decorations, and much more. This obstructs the development process of society as it prevents people from investing money into productive purposes like healthcare, education, improving the quality of their life, or saving it for future emergencies. If the lavish expenditure on festivals is prevented, the future of our society can be brighter, safer, and more developed.

"harry t. moore (1905-1951) – civil rights activist, leader, and the first martyr of the civil rights movement. fannie lou hamer (1917–1977) – leader in the american civil rights movement; co-founder of the national women's political caucus and freedom democratic party. james farmer (1920–1999) – congress of racial equality."

well its not not rising unemployment and falling inflation.

hope this good !