Many governments think that economic progress is their most important goal. Some people, however, think that other types of progress are equally important for a country. Discuss both views and give your own opinion.
Economic
growth
plays an integral role in developing nations. However
, while some believe that economic progress
is deemed to be extremely imperative for the government
of the country
, I agree with those who hold the opinion that other sought of progress
are also
equally matters to the country
’s growth
.
On the one hand, advocates of nations development
argue that much higher authority aim is to achieve progress
of the economy. This
is because usually a growth
of any nations is measured on the basis of Gross Domestic Product. For example
, if any country
GDP is high in the world ranking record, then
there will be a higher chance of getting foreign investors in the form of Foreign Direct Investment, which reinforce the country
’s currency. In contrast
, it is said that any country
whose GDP is lower they are often dependent on other countries for the loan and ultimately their currency get weaker in the market.
On the other hand
, I would argue that there are different sorts of development
are fundamental to the country
's economy. For instance
, it is found that many nations have paramount of illiteracy, so it is the government
obligation to give first
priority to educate the people of the country
so that they get better job prospects. The more literacy ratio, the higher progress
of the nation will be. This
will result in the form of tax returns to the government
. Furthermore
, the government
also
needs to give attention to the unemployment area of the nation. Higher unemployment generally leads to an increase in crime rates. For example
, if the government
makes available job prospects to the people, it will mitigate crime rates and eventually raise the development
of the nation.
In conclusion, although
it is undeniable that economic growth
is extremely important for the development
of the country
, other factors such
as literacy rate and employment factor are also
indispensable for the progress
of the economy. I believe that other areas should be addressed more rather than only focusing on growth
.Submitted by jdsmss on
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