Many governments think that economic progress is their most important goal. Some people, however, think that other types of progress are equally important for a country. Discuss both these views and give your own opinion

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It is often believed that governments mainly focus on economic progress, while others believe that other spheres of development are important too. Both views on
this
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subject will be discussed,
however
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, in my opinion, these tendencies towards the
economy
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are negative. The advantages of focusing on economic advancements include a rise
of
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in
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price
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the price
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on
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of
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the products exported from a
country
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and overall a wealthy population.
Firstly
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, it is assumed that the more government support the economic sector of a
country
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has, the more beneficial it is to export products made within a
country
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.
For example
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, the energy sectors in
countries
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like Russia and
United
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the United
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Arab Emirates have some government financial contributions,
thus
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, resulting in more natural resources mined and sold on international markets because of high demand.
Secondly
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, the more stimulated the economic market of a
country
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is, the better
their
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its
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residents live.
For instance
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, people from
United
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the United
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Arab Emirates are reported to be generally wealthier due to low inflation and
stable
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the stable
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economy
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of the
country
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.
On the other hand
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, too much emphasis on the
economy
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by the governments can lead to stagnation and other prosperous types of progress may be ignored.
First
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of all, too much focus on
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economy
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the economy
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has a negative impact on the natural resources of a
country
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.
For example
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, many gas mining spots are exhausted,
hence
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damaging the
countries
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that are entirely dependent on
the
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apply
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gas exports.
In addition
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, economically focused
countries
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are believed to have been ignorant
to
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of
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the other perspective types of progress.
For instance
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, some
countries
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are reported to have been only focusing on natural resources and not developing the intellectual market of skilled employees. To summarize, paying a lot of attention to economic development by authorities can have short-term benefits,
however
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, the ignorance of other potential spheres is damaging in the long run. In my opinion, too much focus on
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economy
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the economy
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is a negative trend because it can leave a
country
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dependent only on exports.
Submitted by maria.alekseeva.1998.1998 on

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Topic Vocabulary:
  • standard of living
  • sustainable development
  • social equality
  • environmental degradation
  • cultural heritage
  • technological innovation
  • wealth disparity
  • human development index
  • holistic approach
  • quality of life
  • economic prosperity
  • healthcare system
  • education system
  • cultural diversity
  • policy decisions
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