Economic progress is one way to measure a country’s success. Some people believe that there are other factors should be considered when measuring the success of a country. What are the factors? Do you think there is a factor that is more important than the others?

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When we consider a
country
Use synonyms
's success, we primarily think about economic growth. But there are some other factors to consider.
Such
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as happiness index, debts, etc. I do think there is a factor
that is
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more important than the others. In
this
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essay, I am going to show you two examples.
Firstly
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, the financial status of a
country
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is definitely important. Including debts, these statuses are key points for predicting GDP growth.
For example
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, in 1997, South Korea had a currency crisis.
Due to
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excessive investments depending on borrowings in foreign currency, a lot of companies eventually bankrupt. Foreign companies or investors were in a panic, so they got out with their money.
And
Correct word choice
This
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this
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led South Korea to borrow funds from
IMF
Correct article usage
the IMF
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. In conclusion, South Korea took 4 years to pay debts and credit hit the bottom.
Secondly
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,
while
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economic progress is a quantifiable and widely recognized measure, societal well-being and quality of life are crucial indicators promoting a more comprehensive evaluation of a
country
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's success. Some countries are suffering from the wealth gap between the rich and poor
such
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as China and India. To summarise, financial status are crucial index for predicting economic progress and societal well-being and life quality is
also
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an important way to measure a
country
Use synonyms
's success.
Submitted by ihjung2000 on

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task achievement
Consider elaborating on other non-economic factors beyond just happiness index and debt, such as education and healthcare.
coherence cohesion
Ensure your essay has a clear introduction and conclusion. The conclusion should neatly summarize the discussed points.
coherence cohesion
Improve logical flow by expanding on the points presented and connecting them smoothly.
task achievement
Provide more detailed examples or statistics to strengthen the arguments.
task achievement
Good attempt at explaining the importance of economic and societal measures.
coherence cohesion
The essay presents a recognizable structure.

Use a variety of complex and simple sentences

You should use complex sentences in your writing, but it does not mean that you should try to make all of our sentences complex.

‘Complex’ sentences are not actually very complex; they are just two or more simple sentences put together. Putting them together makes the essay more coherent and cohesive.

Examples:

I really want to study but I’m too tired.

I wore a warm coat because the weather was cold.

If action is not taken soon on climate change, global warming will get worse.

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Topic Vocabulary:
  • economic progress
  • societal well-being
  • quality of life
  • healthcare accessibility
  • educational standards
  • innovation
  • environmental preservation
  • sustainable practices
  • political stability
  • governance
  • social equality
  • human rights protection
  • technological advancements
  • inclusive
  • ethical foundation
  • innovative edge
  • global technological progress
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