Whilst a number of government officials underscore the importance of economic growth as their main objectives, others advocate that attention should be equally apportioned among all types of development. There are rational arguments on both sides of this contentious topic which will be discussed in detail, followed by my own take on the matter. On the one hand, there are those reasoning the economy is the cornerstone of a flourishing nation and therefore any development in this respect has far-reaching effects on other areas as well. Today, is to say, inextricably intertwined with other aspects of life, the economy is believed to be of central importance. This is amply illustrated by the fact that economic vitality will automatically give rise to employment opportunities in the job market. Moreover, another justification is that economy is the sole criterion for measuring success when a regime's achievements are concerned. This is mainly because of the masse's raised materialistic aspirations and the significance they attached to materialism.