In many countries, the government prioritises economic growth above all other concerns. Discuss the advantages and disadvantages of this.

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In many nations, the administration emphasizes
on
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economic
prosperity
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above all other factors.
This
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essay is going to discuss how
the
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economic
prosperity
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provides advantages
such
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as
income
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increase of citizens and improvement of lifestyles and disadvantages like
income
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gap among citizens as well as
dictatorship
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a dictatorship
the dictatorship

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of governments. One of the biggest advantages of
the
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economic
growth
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is the improvement in
citizen's
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citizens'

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income
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.
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Income
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The income

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of the citizen increases when the number of
well paid
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well-paid

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jobs increases in the economy.
As a result
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of the
income
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increase, the happiness of the citizens will
also
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improve.
In addition
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, the
income
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increase and infrastructure development
such
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as bridges,
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the subway
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subway
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subways

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will lead to improvement of lifestyles for the citizen. These infrastructural developments will enhance business and
prosperity
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in
economy
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the economy

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.
For example
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, Bangladesh current infrastructural development in Padma Bridge, which cost $100 billion will yield to $1 Trillion every year once the bridge opens.
On the other hand
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, one of the disadvantages of
the
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economic
growth
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via capitalism is the
income
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gap between riches and
poors
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poor

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.
This
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income
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disparity is growing due to the fuel of capitalism, which is only increasing the number of rich people worldwide.
Furthermore
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, economic
prosperity
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depends on the sustainability of the governments.
As a result
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of the
governments
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long-term sustainability is imposing
threat
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a threat

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to democracy.
For instance
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, Bangladesh’s current government is in power for over10 years without an election, which has hurt democracy, whereas significant economic
growth
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has been achieved, according to The Daily Mail of England. In conclusion, the sustainability of the government surely helps in the economic
growth
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and can improve citizen’s lifestyles up to a certain extent. But,
the
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democracy could be lost in the process.

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...do you agree or disagree?...do you think...?...your opinion...?

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Topic Vocabulary:
  • economic growth
  • quality of life
  • standard of living
  • infrastructure development
  • employment opportunities
  • environmental impact
  • wealth disparity
  • modernization
  • sustainable development
  • Gross Domestic Product (GDP)
  • industrialization
  • ecological footprint
  • capital investment
  • urbanization
  • economic prosperity
  • fiscal policy
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