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.

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

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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

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trade,

such

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

, 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

, the more reserves we make, the more shall a country is able to make money,

such

as local currency because its limit is mainly calculated by the international currency.

Consequently

, finance is the backbone of the country’s progress.

On the other hand

, the other elements can contribute significantly to the country’s progress.

Firstly

, the sectors

such

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

, an Information technology expert in collaboration with an automotive engineer may invent advanced Aircraft that might fill gaps domestically as well as

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international trading and may save billions of dollars.

Hence

, development can

also

be made effectively through local development. In conclusion, both views are

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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

situation, it is recommended to concentrate on financial sectors preferably.