Economic growth is a sphere that the state considers over other domains. The main reason that
this
could be beneficial to the Linking Words
economy
is that it results in the increase in job opportunities, and Use synonyms
also
the income of the citizens. Its drawbacks are increased cost of living, and it makes the life of the poor difficult.
On the one side, the government can open up more businesses to promote economic growth, which requires more workers to operate. Linking Words
In addition
, Linking Words
this
solves the issue of unemployment that many countries are facing. Linking Words
Moreover
, not only does the Linking Words
economy
will be more powerful, but Use synonyms
also
the citizens become affluent. When the companies generate more profit, it reflects how much money the Linking Words
economy
makes. Use synonyms
For instance
, in Poland, 30 years after communism collapsed, the income of middle-management positions had tripled.
On the other side, as a country's Linking Words
economy
thrives, the cost of living increases. The most compelling reason could be the fact that when the worker's wages increase, their services become more expensive, which increases the prices of products. Use synonyms
As a result
, it can make some people's life more difficult. Linking Words
Moreover
, when a government prioritizes economic expansion, it offers little support for those who need it. If authorities believe that a strong Linking Words
economy
is of the greatest importance, they are rather reluctant to offer help to those who do not contribute to the nation’s prosperity. To illustrate, when Donald Trump, who was a big advocate of a strong Use synonyms
economy
, became the president of the USA, the funds for jobless migrants were caught.
In conclusion, as with anything in life, prioritizing economic growth by authorities has its pros and cons. Use synonyms
While
more have jobs that allow them to become wealthy, costs of living are going up, and those who need to rely on the social care system are marginalized.Linking Words
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