Some people say that economic growth is the only way to end world poverty and hunger. Others say that economic growth is damaging the environment and must stop now. Discuss both these points of view and give your own opinion.

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In today's world, a lot of highly developed industrial regions experience economic
growth
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. It is
velieved
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believed
by some part of
th
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the
epopulation
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population
that
this
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tendency might be the way to solve
the
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apply
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world poverty while others consider that it has a devastating impact on the ecology.
To begin
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with, on the one hand, when the
economy
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economic
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growth
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grows
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it is likely to lead to a decrease in
unemployment
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the unemployment
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rate and improvements in standards of living.
This
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is because of the fact that not only will companies require more employees to increase their production but
also
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since the
governmnent
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government
might put more benefits for those who choose to work in order to
ecnourage
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encourage
the society to be more productive.
Therefore
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, the efficiency and productivity will rise and, in turn, it is likely to reduce the price
level
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,
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consequently
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,consequently
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nutrition will become more affordable for
poor
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the poor
a poor
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part of the population.
For instance
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, recent research has shown that when the UK experienced economic
growth
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in 2015 the
level
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of national happiness has increased by 20% and the number of those who go hungry
also
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has decreased significantly.
However
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,
on the other hand
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,
this
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trend might have a harmful effect on the environment and natural resources which are unsustainable.
This
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is due to the fact that not only do factories produce a tremendous amount of emissions due to the increased production but
also
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they use a lot of scarce resources which might eventually run out.
As a result
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, the state of
ecoogy
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ecology
economy
will be damaged and some natural resources might
dissappear
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disappear
due to
an
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apply
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overuse.
For example
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, scientists suggest that the
level
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of pollution has
rise
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risen
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considerably by 30% in comparison to the
last
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decade.
Finally
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, to conclude,
although
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economic
growth
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and development could reduce the percentage of poor people and prevent starvation by providing a lot of job places and decreasing the price
level
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this
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tendency might be the main reason for the environmental problems. In my opinion, the devastating impact of the pollution produced by factories should be the main concern and the reason to stop
the
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apply
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economic
growth
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.
Submitted by veronika-glinka on

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Topic Vocabulary:
  • economic growth
  • world poverty
  • hunger
  • environmental degradation
  • deforestation
  • pollution
  • climate change
  • sustainable development
  • renewable energy
  • green technologies
  • corporate social responsibility
  • eco-friendly
  • foreign investments
  • industrialization
  • quality of life
  • social programs
  • healthcare
  • education
  • sustainable business practices
  • synergy
  • ecological sustainability
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