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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The authorities consider the financial sector as a vital aim in a state’s growth. For a certain public,
similar
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a similar

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concentration is believed to be given to all
the
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sectors. Since
,
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the economy represents the strength of a country. In my opinion, I believe that economic development leads to bearing all the challenges. Undoubtedly, the most prevailing reason behind the economy is to gain stability in a country. A boost
of
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trade,
such
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as export and reduced import
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supports raising the foreign exchange reserves, which are used in investment throughout the world and inclines Gross domestic product.
For instance
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, if China has enhanced export and reduced import, that leads to store reserves of dollars, which is the only currently used for trading or investing outside the boundary.
Secondly
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, the more reserves we make, the more shall a country is able to make money,
such
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as local currency because its limit is mainly calculated by the international currency.
Consequently
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, finance is the backbone of the country’s progress.
On the other hand
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, the other elements can contribute significantly to the country’s progress.
Firstly
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, the sectors
such
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as education turn a person from a normal level to an Engineer or a doctor, which may drive him towards inventions related to various fields.
For example
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, an Information technology expert in collaboration with an automotive engineer may invent advanced Aircraft that might fill gaps domestically as well as
an
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international trading and may save billions of dollars.
Hence
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, development can
also
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be made effectively through local development. In conclusion, both views are
an
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essential part to drive a state’s progress. I am convinced that economic evolution can contribute in a more effective way and can assist the government to earn and develop local institutions. Given
this
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situation, it is recommended to concentrate on financial sectors preferably.

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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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