do you need preventDefault in react code example

Example: prevent default react

import React from 'react';
 
const initialList = [
  'Learn React',
  'Learn Firebase',
  'Learn GraphQL',
];
 
const ListWithAddItem = () => {
  const [value, setValue] = React.useState('');
  const [list, setList] = React.useState(initialList);
 
  const handleChange = event => {
    setValue(event.target.value);
  };
 
  const handleSubmit = event => {
    if (value) {
      setList(list.concat(value));
    }
 
    setValue('');
 
    event.preventDefault();
  };
 
  return (
    

      

        {list.map(item => (
          
{item}
        ))}
      
 
      

        
        Add Item
      
    
  );
};
 
export default ListWithAddItem;