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?
In contemporary society, the advancement in the economy results in improving the standard of living in most countries worldwide,
while
, eventually, people lose several types of social value. Although
economic development
is necessary to enrich individual lifestyles, I strongly believe that there is a significant risk in this
excessive advancement in various industries.
To begin
, considerable economic development
brings a number of advantages to an individual's living. For example
, in rich countries such
as Singapore, many individuals can own incredibly expensive cars and properties, and also
shop for luxury products, which are even unnecessary for living, merely because of their strong passion for buying. Subsequently
, this
behaviour of rich people accelerates the production of luxury goods and services in a variety of industries for their development
and profits, thereby consuming natural resources and energy sources excessively.
On the other hand
, while
economic development
could increase the standard of living, a lot of social values are impacted in an immense negative way and then
no longer exist. For instance
, in Japan, most large companies' offices are located in major cities such
as Tokyo and Osaka. Subsequently
, a significant number of the younger generation ended up relocating to these cities for their work. Consequently
, there are countless rural areas and small villages which merged with larger cities finally
, thereby losing their precious culture and heritage. Moreover
, an excessive use of natural resources and energy, also
negatively impacts our environment, including deforestation and air pollution.
In summary, nowadays, it is a common understanding that economic growth enriches an individual's lifestyle. However
, I wholeheartedly believe that the excessive demand of unnecessary productions brings detrimental effects on our society, culture, heritage and the environment. Therefore
, many large enterprises and the government should engage in activities which contribute to the sustainability of social values.Submitted by taekojb77 on
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