Economic growth and development are usually considered to be beneficial both for individuals and for society as a whole. Do the advantages of economic development outweigh the disadvantages?

In recent years, most countries have improved their living through economic growth, despite some associated social risks.

This

Linking Words

essay will highlight how the benefits of poverty reduction

as well as

Linking Words

technological advancement outweigh the loss of historical-cultural value. One major advantage of economic gains is the reduction of poverty.

In other words

Linking Words

, if the

economy

Use synonyms

develops, it will create more vocations, which help lift people out of penury. Take Vietnam as an example, the beggary rate decreased when they started to attract foreign investment and develop the

economy

Use synonyms

significantly.

As a result

Linking Words

, people might access education work and food easily. Another significant advantage is technological advancement.

That is

Linking Words

to say, when the region’s

economy

Use synonyms

grows, technology will be applied to healthcare, education and work, resulting the comfort and convenience in life.

For instance

Linking Words

, China, which is the second largest

economy

Use synonyms

in the world, has a lot of modern technologies

such

Linking Words

as delivery robots or automatic cars.

Hence

Linking Words

, citizens’ lives will be improved.

On the other hand

Linking Words

, economic growth can vanish the historical and cultural values. Because of a quickly developing

economy

Use synonyms

, countries can easily lose their social value by affecting other regions’ cultures.

Nevertheless

Linking Words

, leading nations use their finance from economic gains to recover their culture and history.

For example

Linking Words

, in South Korea, where governments invest in restoring and preserving historical sites and promote culture to be widespread across the world through films and songs.

Therefore

Linking Words

, these attract tourists so as to contribute to the

economy

Use synonyms

allowing culture to grow in tandem. n conclusion,

although

Linking Words

robust economies may lose historical and cultural identity, the benefits of poverty reduction and technological advancements outweigh these drawbacks.