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

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The governments of many countries have been prioritizing
growth
in
economy
Add an article
the economy
show examples
over any other concerns.
This
strategy has some advantages and disadvantages, and
this
essay discusses both.
Growth
in the
economy
of a
country
is a major concern among the governing bodies because every sector is dependent on it for
it’s
Replace the word
its
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development. If there is no capital to spend, every sector would reach a standstill.
Therefore
, it remains a primary goal.
For instance
, Sri Lanka, a South-Asian
country
, which is rich in both natural and human resources with a great scope for development, had a major
economy
Replace the word
economic
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crash,
consequently
leading to devastating riots, and
emergency
Correct article usage
an emergency
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was declared in the
country
.
Hence
, focusing on
the
Correct article usage
apply
show examples
ecomonic
Correct your spelling
economic
growth
is essential for
smooth
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the smooth
show examples
running of the
country
.
Nevertheless
, there are a few drawbacks of focusing on just the
economy
such
as, that it comes at a cost of neglecting some important aspects that need urgent attention like medicine, and education among the various other needs of the local people.
For example
, recently a law was passed in India, under which private companies were introduced as distributors of agricultural products.
This
law would contribute
in
Change preposition
to
show examples
improving the
economy
of the
country
, but it would significantly decrease the profit margin of the poor farmers.
Such
instances show that the government must keep everything in mind, and a correct balance must be maintained before making any decisions for the
country
. In conclusion,
although
prioritizing economic
growth
is necessary, it is
also
important to keep in mind other sectors, and how the decisions would
effect
Correct your spelling
affect
show examples
the quality of life of the people residing in the
country
.
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task response
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task response
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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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