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

In many

countries

, the

government

prioritises economic growth

above all

other concerns.The advantages of

this

are the improvement of people’s salaries and the revenue of the

government

, and the disadvantages are that environmental issues are underestimated and that there should be trouble in foreign affairs.

One

advantage of prioritising the economic growth of the

country

is making everyone rich.

That is

because if a certain area of

one

country

’s industry becomes successful, people’s wages and companies’ income improve, and

this

leads to the advancement of the

overall

economy

. The second advantage is an increase in the revenue of the

government

. The

governments

put more money on social insurance and education if the

economy

grows because most

governments

impose people and companies a lot of tax depending on the amount of their incomes and profits.

For instance

, as the

economy

improves, Japanese society has become the safest

country

in the world because the increased income of the

government

allowed the Japanese

government

to establish a comprehensive healthcare/welfare system for everyone, which decreased the number of crimes by outcasted people.

On the other hand

,

one

disadvantage of putting the most importance on improving the

economy

of a

country

is that environmental issues are underestimated.

This

is sometimes detrimental because some industries

such

as fishery and agriculture can be directly affected by climate changes and pollution, which are the most important basic industries for all citizens. The second disadvantage is producing concerns in foreign affairs. If

one

country

focuses on its own economic growth too much, some economically weak

countries

are

further

exploited and

this

causes disputes among the

countries

and, in the worst case, wars.

For example

, when Japanese car companies flourished in the 1990s, a lot of American car factories went bankrupt and there were a lot of riots in Detroit city, which forced the

governments

of both

countries

to negotiate economic sanctions even though they were economically allied nations. In conclusion,

although

the

governments

in most

countries

put the priority on improving the

economy

to make people wealthier and to increase the tax income of the

governments

, there are disadvantages

such

as underestimation of environmental issues causing damages to fishery and agriculture and concerns of economic frictions with neighbour

countries

.