It is said by some that developing economies play an important role in reducing poverty.
Whereas
others say that, to stop destroying the environment, economic growth should be stopped suddenly. In my opinion, the world of capitalism can affect people's lives both positively and negatively.
It is undeniable that capitalism encourages people to put their effort into living their lives. Without Linking Words
this
progress, we humans might still have been in a cave, feeding ourselves by fish. Linking Words
In addition
, economic development is an efficient system to distribute all the money in the world equally. With Linking Words
this
fair distribution, those who can barely be in a capital competition can still survive. To illustrate Linking Words
further
, a poll recently conducted by the New York Times revealed that two-thirds of American citizens admit to lacking the ability to earn a living unless the country's economic system has been turned into communism.
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Nevertheless
, Economic growth does damage almost all the environment because developing factories and companies need natural resources like oil or electricity to fulfil the process. Worse, civilization leads to a huge number of pollution, either air or power. Linking Words
This
is mainly because of the poor prevention system provided by the government. Linking Words
For instance
, Linking Words
according to
a recent study from the Faculty of Economics, at Harvard University, 80% of U.S. firms leaked their waste into public water filtration systems every year. Linking Words
This
has caused the country to waste at least 20 million dollars a year.
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To conclude
, economic development does lead to both positive and negative effects. Personally, I think that it can not only encourage people's will to live but Linking Words
also
distribute all the capital equally. Linking Words
On the other hand
, it can both damage our surroundings and be a big cause of pollution.Linking Words
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