In many countries, the government prioritises economic growth above all other concerns. Discuss the advantages and disadvantages and give your own opinion.

The
government
around the globe focus more on developing the economy of their respective
nation
rather than considering to
fulfill
put in effect
fulfil
the needs of common people. I believe that authorities have to change their attention to work for laymen, and benefits and drawbacks of the statement will be discussed in forthcoming paragraphs.
To begin
with, the supporters who believe that economic growth is a prominent factor for a
nation
argue that it helps to improve the social life of people because of high family income.
This
is only possible when the
government
in the
nation
encourage
Suggestion
encourages
investors to open new ventures and industries.
Consequently
, due to having better job opportunities, the overall living standard of citizens improves. To cite an example, in India, the foreign direct investment scheme of the
government
allowed many international organisations to invest, and significant improvement in the lifestyle of people has been
since
Suggestion
for
the
last
decade.
On the other hand
, the unprecedented growth of the economy deprives poor people from daily commodities due to the fact that only rich reap the benefits of
this
development
. In the race of the top
nation
, authorities neglect the importance of
unprivileged
people who live below the poverty limit, and they are most affected during national catastrophes like drought, flood.
For instance
, China is known for its exceptional
development
;
however
, the state never considered to improve the living standard of the poor section of society.
Moreover
, the introduction of
megaprojects
Suggestion
mega projects
in the name
development
has deleterious effects on the environment as deforestation is carried out for more space. In the epilogue, the financial
development
is vital for a
nation
, as
this
helps to raise the quality of living;
however
, what I opine, the
government
in a country has to consider the priorities of underprivileged
also
.

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Topic Vocabulary:
  • economic growth
  • quality of life
  • standard of living
  • infrastructure development
  • employment opportunities
  • environmental impact
  • wealth disparity
  • modernization
  • sustainable development
  • Gross Domestic Product (GDP)
  • industrialization
  • ecological footprint
  • capital investment
  • urbanization
  • economic prosperity
  • fiscal policy
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