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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Topic Vocabulary:
  • standard of living
  • sustainable development
  • social equality
  • environmental degradation
  • cultural heritage
  • technological innovation
  • wealth disparity
  • human development index
  • holistic approach
  • quality of life
  • economic prosperity
  • healthcare system
  • education system
  • cultural diversity
  • policy decisions
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