Many countries aim to improve their living standard by economic development, but some important social values are lost as a result. Do you think the advantages of economic development outweigh the disadvantages?

Every
country
on
this
planet wants to have a good economy.
However
, only a few countries have been able to achieve the same. Economic
development
helps a
country
in getting rich and give their people a good standard of living. Some
for
Suggestion
of
the economically developed countries are Australia, USA, UK etc. There are several advantages of economic
development
.
For instance
, most of the people living in China were poor and when the economy of China started growing it helped the poor people in China. The government of China has helped more than 70 million people to come over poverty. Today China is leading the manufacturing industry and even the people of China are living a good life.
Hence
, economic
development
can help any
country
in improving its living standards. In my opinion the disadvantages of economic
developement
act of improving by expanding or enlarging or refining
development
developments
could be, unequal distribution of income.
For example
- a few years a ago rich people in India were getting richer and the poor people were getting poorer.
However
, the new government of India has taken some initiates to stop the same.
Hence
, it is very much essential for a
country
to divide
it's
of a thing, of it; possessive form of "it"
its
income in equal parts. Along with that the
country
should take care of the money which is coming into the market. The money should go in the right hands and should be utilised for the benefit of the people living in the
country
. To
recapitualte
summarize briefly
recapitulate
, the advantages of economic
development
over weighs the disadvantages. In my opinion, the government should look for a steady growth of
it's
of a thing, of it; possessive form of "it"
its
economy and
also
take care of the cash flow coming into the domestic market.
Submitted by mahi.avee on

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