Most country are compared by their economic success. Do you think there are some other important factors that need to be taken into consideration? Give your opinion and relevant examples.

International competition is an interesting issue these days. People have divergent views about whether there are a plethora of factors which can occur comparison between

countries

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but, I totally believe that

economy

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is the most vital factor. In

this

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essay, I will examine my views and present examples. There

are

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is

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those reason

about

Change preposition

for

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the power of

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economy

Correct article usage

the economy

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in the world. Almost, all the issues around the

countries

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are subjected to financial issues. It is undeniable that money is the only main factor to reach success

,

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apply

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but

also

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makes it easier and faster.

For example

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, convenience is more in developed

countries

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in comparison with developing

countries

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. In order to create convenience in the community, it absolutely needs a budget to construct those facilities.

Moreover

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, Gross Domestic Product, as known as GDP, is a popular tool that can present a country’s

economy

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which calculated from consumption, investment, government expenditures and net export.

Although

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it cannot show the real well-being index, GDP is still necessary for the government to gain a national income.

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, in the COVID-19 situation, Gross Domestic Product is decreasing rapidly in Thailand because Thai’s

economy

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has been slow down or not in the plan that the bank of Thailand estimated.

Hence

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, investors will move their money to the market or country that has more stable or growing economies which means Thailand will have less income than other

countries

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that the investors move to invest in. In conclusion, even though there are a number of factors that can show how successful a country is. In my opinion, economics is the most proper thing to compare between nation.