Many countries 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 development outweigh the disadvantages?

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There is no denying that in today's world, almost every country focuses on improving the living lifestyles of the people by developing their country economically. It is believed that
as a result
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of
this
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, people are losing their social values. I,
however
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, disagree that the disadvantages of social values outweigh the advantages of economic
development
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and the reasons for my inclination are discussed in the following paragraphs. To commence with, administrations across the globe have financed many sectors
such
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as healthcare system, education system, public transport etcetera to make their citizens lives easier and comfortable. To exemplify
this
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, developed countries
such
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as the USA, Canada and the US give free public amenities to its people.
This
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has not only resulted in improving the living standard of people belonging to affluent societies but
also
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of poor people.
Secondly
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, improvement in economic
development
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has provided people with job opportunities. Now, they do not have to worry about
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aspect.
For instance
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, companies like Reliance, Fenty Beauty and many other industries employ thousands of people.
Thus
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, not only improving their living lifestyle but
also
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the economy of the country. Some people,
on the other hand
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, opined that
this
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development
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causes people to lose their social values
such
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as honesty and hard work. As, these days, most of the population is indulged in making more money by any sort of means. Many articles regarding
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can
also
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be frequently seen on the media.
Therefore
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, resulting in
such
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a notion. To conclude, I would reiterate that economic
development
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has improved the living standards of people.
Although
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it has some drawbacks, the advantages cannot be overlooked.
Submitted by Arash on

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Topic Vocabulary:
  • standard of living
  • economic development
  • quality of life
  • infrastructure
  • healthcare
  • education
  • job opportunities
  • unemployment
  • poverty
  • technological advancements
  • innovation
  • traditional cultural values
  • social bonds
  • material wealth
  • consumerism
  • social inequality
  • environmental conservation
  • wealth gap
  • vulnerable groups
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