Some people say that economic growth is the only way to end hunger and poverty, while others say that economic growth is damaging environment so it must be stopped. Disscuss both view and give your opinion?

Economic powerhouse
countries
have always been known for low unemployment and
poverty
levels.
However
, to reach that level, those
countries
have inflicted unrepairable damage to the
environment
to realise their rapid economic development.
This
has raised a debate among experts about the benefits and drawbacks of economic
growth
to the global society. Governments have always hoped that accelerated economic expansion could have solved
poverty
and
hunger
problems in their
countries
.
Nevertheless
, countless nations with rigorous economic power are still struggling to bring prosperity to their areas.
This
is because the majority of developed
countries
with massive economic power suffer from corruption in their governmental bodies.
Consequently
,
although
the nations are capable to distribute their wealth through tax and subsidies to end
poverty
and
hunger
, the capital is only flowing among the oligarchs of that
countries
.
On the other hand
, the rise of sustainable economic development that considers not only the
environment
but
also
corporate and government acts of conduct seems to eliminate the drawbacks of economic
growth
.
Moreover
, implementing
this
concept could accelerate a nation ambition's to achieve net carbon zero without reducing its economic expansion rate.
This
is possible by integrating the economic concept with the core values of
environment
, sustainability, and governance.
Additionally
, the government could allocate their tax and subsidies more efficiently to reduce
hunger
and
poverty
in its area. In conclusion, the majority of
countries
achieve economic
growth
by inflicting damage on the surrounding
environment
to boost their productivity and end
poverty
and
hunger
.
Nonetheless
, developed
countries
with strong economic
growth
are still struggling to bring prosperity to their area. A new economic concept that considers the
environment
and sustainability allows the integration of both economic
growth
and conscious development. I believe that implementing sustainable economic
growth
might offer a solution that capable of eliminating
hunger
and
poverty
yet is safe for the
environment
.
Submitted by haekalbelanja on

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