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Nowadays, most countries can improve the standard of living through economic development, but some social values are lost as a result. Do you think the advantages of this phenomenon outweigh the disadvantages?

#countries #development #values #phenomenon
It is a fact that economic development involves the improvement of the standard of living for society in any
country
.
However
, nowadays some
people
 think that some social
values
 are lost
as a result
. In my opinion,
this
phenomena
Fix the agreement mistake
phenomenon
show examples
 doesn't have as much negative in
people
's
values
 as a positive impact
in
Change preposition
on
show examples
 their economy.
Firstly
,
people
 who don't have enough economic resources have to take advantage of small opportunities that they can have.
For
this
 reason, whenever
it
Correct pronoun usage
apply
show examples
exists economic
growth
,
people
 pursue these chances and
that is
 when others say their social
values
 are lost. Proof of
this
 is when a president says he's going to give economic help to those who need it, in order to persuade them to give him their vote, some
people
 call
this
 corruption. But most of them don't realize
this
 is the only way they can have a decent income. The more economic opportunities they have, the easier it is for
people
 to take them.
On the other hand
, the fact that
people
 can improve their standard of living
due to
 economic development can be very beneficial not only for them but for the
country
 too. When a
country
 goes through economic
growth
this
 eventually raises the other economic factors of the nation. Proof of
this
 is the reduction of the unemployment rate, the
growth
 of the minimum salary, the reduction of the Gini Coefficient, the increase of the GDP and many other factors.
While
 the economy of a
country
 keeps growing, many aspects of it are
also
 improving which can be beneficial for society.
People
 can say that social
values
 are lost whenever it comes to economic
growth
. But it is not true that the disadvantages that come from it are more than the advantages. The
growth
 of the economy of any
country
 represents an improvement in equality of the society and
that is
 much more important than the
values
 of each person.
Submitted by dannie.sanval on

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Topic Vocabulary:
  • standard of living
  • economic development
  • social values
  • materialism
  • community welfare
  • sustainable technologies
  • environmental degradation
  • social stratification
  • social cohesion
  • economic status
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