One significant advantage of economic development is the potential for the enhancement of the welfare system within a country. As economic growth is experienced by a nation, the financial resources needed to invest in social programs aimed at improving the lives of its citizens are gained. For instance, healthcare services, education initiatives, and social assistance programs can be bolstered by increased tax revenues from a flourishing economy. This means that vulnerable populations, such as the elderly, disabled, and low-income families, are better supported through access to essential services and financial assistance. Moreover, the reduction of inequality can be facilitated by a robust welfare system, providing a safety net for those facing economic hardships, thereby promoting social cohesion and stability within society. Consequently, not only is the material well-being of individuals elevated by economic development, but a more inclusive and equitable society overall is also...