Many people 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 outweigh the disadvantages?

Nowadays, nobody can deny the importance of economic changes on people’s living standard;

however

, some people believe that economic growth leads to the loss of social values, while many deem economic development as the best tool for improving their living standard. The following manifestation will shed more light on the proposed idea.

To begin

with, there are a few downsides to placing too much importance on economic growth. Striving for financial gain can cause people to become

money

Suggestion

a money

-oriented and more materialistic.

In other words

, they might probably spend long hours of hard work.

For example

, hard-working parents will not be able to spare precious time for their children and they overlook the importance of family and the value of a close-knit family is often forgotten as a consequence;

hence

, children will eventually get involved in anti-social activities.

On the other hand

, it is certainly true that economic

development elevate

Accept comma addition

development, elevate

people’s way

Suggestion

the people’s way

of living by providing enhanced living standard.

For instance

, people can continue their education and get a greater diversity of skills and a broader mindset which directly affect their attitude towards life.

Moreover

, health care might be improved by treating dangerous diseases and

consequently

people’s life expectancy increases. To put the whole issue in a nutshell, I myself to a great extent agree with the ideas expressed by the latter since the advantages far outweigh the disadvantages.

However

, every aspect of that should be in moderation.