Many Government think that economic growth is more important as other people think other type of progress is equally important.Discuss both views.
Economic prosperity is needed nowadays to withstand crises affecting the globe. Many governments are targeting
this
field in their program. This
Behaviour may be good to some extent. However
, ignoring other factors may result in consequences which affect the economy adversely.
Focusing on trading is useful. This
creates money needed for basic life requirements for citizens. In this
case
each country needs to work on developing its exports Add a comma
,case
as well as
decreasing its dependence on those goods produced by other nations. Applying this
method will increase income and decrease expenses. This
leads to building wealth with a positive budget that is
invested in other fields like healthcare ,industry and agriculture needed by society.
However
, there is an important factor which needs to be addressed before considering the economy. This
element is education and how to use it to benefit the population. Making education accessible encourages more people to be involved. Instead
of allowing educated persons to leave the country
they may be involved in investments Add a comma
,country
such
as making factories. This
in turn will give more job opportunities for other educated people reducing the amount of unemployment. Furthermore
, the products of these factories can be used to increase exports which in turn service the folk.
To summarise, the financial issues can be addressed by developing a good economic system. However
, this
can be only achieved by well-educated people. If illiterates are increasing , the results will not affect the economy alone , it will definitely endanger the existence of any country.Submitted by mysobalamy on
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