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

In many

countries

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, the

government

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prioritises economic growth

above all

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other concerns.The advantages of

this

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

government

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

One

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advantage of prioritising the economic growth of the

country

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is making everyone rich.

That is

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because if a certain area of

one

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country

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

this

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leads to the advancement of the

overall

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economy

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

government

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. The

governments

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put more money on social insurance and education if the

economy

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grows because most

governments

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

For instance

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, as the

economy

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improves, Japanese society has become the safest

country

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in the world because the increased income of the

government

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allowed the Japanese

government

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

On the other hand

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,

one

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disadvantage of putting the most importance on improving the

economy

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of a

country

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is that environmental issues are underestimated.

This

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is sometimes detrimental because some industries

such

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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

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country

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

countries

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are

further

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exploited and

this

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causes disputes among the

countries

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and, in the worst case, wars.

For example

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, 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

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of both

countries

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

although

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the

governments

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in most

countries

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put the priority on improving the

economy

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

governments

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, there are disadvantages

such

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

countries

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.