Nowadays, most countries improve the standard of living through economic development. But some social values are lost as a result. Do you think the advantages of the phenomenon outweigh the disadvantages?
World economic development has rescued many people from deprivation and brought a better life,
whereas
some claim Linking Words
this
trend leads to the loss of traditional values. In my opinion, Linking Words
this
trend has more advantages and disadvantages which are manageable to cope with.
On the one hand, many benefits are brought because of economic growth. Linking Words
Firstly
, it reduces impoverishment and improves the quality of life. Linking Words
While
the economy grows, more job opportunities are being created. The income from jobs can help society escape poverty and the population can have a better standard of living. Linking Words
In addition
, they can have access to education when they can afford the tuition fee. Through education, folks can gain a variety of knowledge in many fields and learn how to use it for a better world. Linking Words
For instance
, the growth of the IT sector in India has created many placements for a variety of professions Linking Words
as well as
offering them a better living situation.
Linking Words
On the contrary
, a few social values are Linking Words
also
lost in Linking Words
this
process. First of all, Linking Words
due to
these reforms, the middle and lower segments of society are greatly affected. Many of these come at the cost of many public losing their homes and property, as powerful societies manipulate them for their own business needs. Linking Words
Lastly
, these developments have Linking Words
also
resulted in the monopoly of business for companies with deep pockets, which has greatly affected small and medium-scale companies. Linking Words
For example
, companies like Amazon and Flipkart have resulted in the shutdown of many small delivery parties as they couldn't survive with the aggressive pricing that these big shots are providing. Linking Words
Therefore
, the above points Linking Words
also
showcase the negative aspects of these reforms.
Linking Words
To conclude
, in my opinion,the significance of economic development greatly outweighs its negative sides. The convenience of life and creation of new jobs which has catered to so many Linking Words
unemployment
around the globe truly Replace the word
unemployed
highlights
its positive impact around the globe.Correct subject-verb agreement
highlight
Submitted by noorh26 on
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