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.

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