In recent years, the question of whether economic prosperity is considered the most determining factor for a nation has been widely debated. Whilst some contend that a nation's development is measured through its economic growth, others believe that social and environmental progress should be equally considered.
This
essay will discuss both perspectives and explain why I support the latter viewpoint.
On the one hand, opponents argue that economic expansion can make the country stronger. They point out that a strong economy creates jobs, increases tax revenue, and enhances living standards. Citizens have more opportunities not only to obtain high-paying jobs but Linking Words
also
to enhance their Linking Words
overall
well-being through a high quality of life. Linking Words
For example
, South Korea and China have lifted millions of citizens out of poverty by investing in rapid industrialisation, which has substantially improved the economy of the two countries. Linking Words
Moreover
, a wealthy nation can invest in infrastructure, healthcare, and defence, all of which contribute to better living conditions.
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On the other hand
, I agree with those who advocate that there are no long-term benefits without progress in social and environmental aspects. Even though rapid industrialisation offers numerous jobs to individuals, it causes more harm than good by creating problems Linking Words
such
as climate change, pollution, and deforestation, leading to the deterioration of both ecosystems and human life. Linking Words
Furthermore
, if an affluent country does not distribute its wealth fairly, it will widen the gap between the rich and the poor, which ultimately will increase the crime rates caused by frustrated residents. Linking Words
For instance
, Linking Words
while
the United States has one of the strongest economies worldwide, a large proportion of its population suffers from serious issues, including homelessness, healthcare inequality, and environmental degradation.
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To conclude
, Linking Words
although
economic prosperity is an important factor, I am convinced that social and environmental aspects are even more significant. Nations should allocate resources equally without harming biodiversity to ensure sustainable progress.Linking Words