Economic growth is the only way to end world poverty. However, some people say it leads to environment damage and should be stopped. To what extent do you agree?

The majority of the masses believe that economic development is the only way to eradicate

poverty

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. While some public believe that financial surge cause damage to our ecosystem. I partially agree with the above-given notion.

This

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essay will articulate both the views along with my perception.

Firstly

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, the economical condition is the mainstream pillar of every nation to deploy unemployment.

Secondly

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, the majority of people living below the underdevelopment line faces the menace of unemployment. To foster the employment

rate

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, it is essential for a country to improve their financial state.

For example

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, In 2006 Algeria has the highest

rate

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of unemployment and

poverty

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rate

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, but after a couple of years, there is industrial

growth

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in Algeria which leads to a decline in the

rate

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of

poverty

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.

However

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, the economical rise is not only a solution to diminish

poverty

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. Education is

also

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vital to uplift an individual. For economical

growth

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education is a base, without education financial stability cannot take place.

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, according to a Forbes magazine, due to the increase in the literacy estimate in Ukraine, there is economic production simultaneously.

On the other hand

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, some people believe that it's a threat to an ecosystem if there is an increase in economic

growth

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. community support

this

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notion because economical profits lead to industrialization which indirectly leads to an increased level of pollution.

For example

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, today in our global village the

rate

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of pollution is higher in developed nations. The ecosystem is mostly affected in high economic countries. In conclusion, to reduce scarcity it is very important to increase the employment

rate

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.

This

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will be possible if people are well educated and helps in economical

growth

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without harming our mother nature.