In most nations, economic development is prioritised by the government above all other issues. The benefit to
this
is how it enables a smooth flow of other
sectors
and the drawback is how overlooking other concerns will affect it. In my opinion ,I believe it is a negative trend to focus on economic growth only.
Firstly
, having a viable economy will positively affect other parts of a country.
In other words
, if the financial status is strong all other
sectors
will benefit because money is the lubricant for the smooth flow of any nation. USA, Uk can solve any concerns because their finance is strong.
For example
, these nations were able to find covid vaccine by funding the companies which were manufacturing it.
Hence
, it is advantageous to prioritise
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development of the economy.
Nonetheless
, overlooking other
sectors
will
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negatively affect the economy.
This
is because
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administrators will end up using more revenue to tackle problems that will
constentlyCorrect your spelling
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arise because of not focusing on other issues. The education and health system of any nation greatly influence the financial status of many countries so they need to
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onCorrect pronoun usage
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, as well.
For instance
, the Zimbabwean
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stopped funding the health sector that it ended up collapsing ,
this
has directly affected its revenue as people have to visit other nations for medical attention.
Therefore
, it is wiser to balance economic growth with other
sectors
.
To conclude,
although
having
stabiltyCorrect your spelling
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financially is essential , it is more viable to have a balance with other parts and not focus on it only as
this
will attract problems. I ,
thus
, strongly believe that a balanced approach to the growth of
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national budget is crucial.