In many countries, the government prioritises economic growth above all other concerns. Discuss the advantages and disadvantages of this.

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It is quite common these days for the government in many countries all over the world to prioritise economic growth
above all
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other aspects
such
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as education, healthcare or social welfare.
This
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essay will discuss the benefits and drawbacks of
this
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trend. On the one hand, there are several reasons why developing an economy is beneficial. A common reason is that economic expansion will enable consumers to purchase more goods and services and enjoy better standards of living. Another element is that profit-making growth will
also
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lower unemployment because , with higher outputs, factories tend to employ more workers.
As a result
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, people easily find a job and it's certain that the community's lives will be secured.
In addition
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, higher money-making will reduce government borrowing because of creating higher tax revenue.
Therefore
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, it will reduce debt for that country.
For example
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, it is easy to recognise that people who are living in wealthy
region
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regions
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like Korea have more comfortable lives than individuals who are living in developing public like Cambodia
such
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as road systems, healthcare and good social welfare.
On the other hand
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, there are a number of disadvantages that the authorities should take into consideration. One obvious drawback is that education is
also
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a priority to improve because education is a background of the economy. Another negative impact is that if healthcare is not developing well, the community will face to pandemic of sickness which can pull the economy down very fast.
For example
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, in 2019, Covid pandemic caused a lot of human and economic tolls for many countries. In conclusion, budgetary growth could bring about certain benefits, but its negative consequences should not be overlooked.
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Make sure your introduction and conclusion are both present and effectively serve their purpose. The introduction should set the stage for the discussion, while the conclusion should summarise the key points without introducing new information.
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Task Achievement
Ensure that your essay fulfills all aspects of the task by providing a balanced discussion of the advantages and disadvantages. Make sure that your response is complete and provides a clear answer to the prompt.
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Include relevant and specific examples to support your discussion. While hypothetical or general examples can provide some support, concrete and specific examples will lend more credibility and weight to your argument.

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Topic Vocabulary:
  • economic growth
  • quality of life
  • standard of living
  • infrastructure development
  • employment opportunities
  • environmental impact
  • wealth disparity
  • modernization
  • sustainable development
  • Gross Domestic Product (GDP)
  • industrialization
  • ecological footprint
  • capital investment
  • urbanization
  • economic prosperity
  • fiscal policy
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