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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Many governments are making every effort to enhance their economy to strengthen each
country
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's quality of living.
On the contrary
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, Some alert that other cultural values are deteriorating due to the development.
Although
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I agree with their view to some extent, I believe that the benefits brought by a good economy far outweigh its drawbacks.  In terms of adverse effects, globalization is one of the controversial topics to affect traditional culture. For most small countries, like Japan, globalizing is an essential way to develop their economy since their domestic market is far limited compared to the world.
However
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, in the process of modernization, developing countries often lose their uniqueness.
For example
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, tourism is predominated in the European style for international travellers and business person.
Therefore
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, in order to maximize
the
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tourism profit, some local regions have abandoned their traditional accommodation styles, languages, and food cultures. Striving for financial gain can cause citizens to become money-oriented and more materialistic, and it is understandable that some
people
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strongly doubt the benefits of economic growth.
Nevertheless
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, it cannot deny that a financially stable
country
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has many advantages over a developing nation. An economically strong government can invest in the
country
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's infrastructures
such
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as schools, hospitals and transport networks. It brings citizen high employment rates, sophisticated education and state-of-the-art medication with helpful insurance.
Furthermore
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, it
also
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positively affects domestic values. The more ordinary
people
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are educated, the more
people
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understand the importance of maintaining their precious culture, and
people
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more likely
try
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to protect their traditions. In conclusion, even though I strongly agree that we ought to protect social value, every
country
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needs to work towards financial development to improve average lives' quality. Without wealth and the guarantee of steady lives, it is challenging to protect social value. Based on the knowledge of the drawbacks, individuals ought to work together to preserve the important social values.
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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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