It is widely observed that the national economic performance often becomes the first major concern in government agendas, outweighing other social and environmental issues.
While
Linking Words
this
approach offers several advantages, it Linking Words
also
presents certain drawbacks. Linking Words
This
essay will discuss the potential benefits and disadvantages of prioritising economic Linking Words
growth
.
One major benefit is that economic expansion increases government income, which can Use synonyms
then
be redirected to essential public services. When businesses grow and employment rises, the state collects more tax income, allowing it to invest in better hospitals, schools, and public transport. Linking Words
For example
, Canada’s GDP Linking Words
growth
between 2010 and 2020 enabled the government to increase healthcare spending by 25%, significantly reducing waiting times for surgery. Use synonyms
Moreover
, higher GDP gives governments bargaining power globally, improving trade terms and reducing dependency on foreign aid.
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On the other hand
, prioritising economic Linking Words
growth
can Use synonyms
also
deepen social inequality. When governments focus mainly on national income, the benefits are often captured by large corporations and wealthy individuals rather than ordinary citizens. Linking Words
As a result
, wealth becomes concentrated among elites, Linking Words
while
low-income groups see little improvement in their living standards. Linking Words
This
trend is particularly evident in many developing countries, where major cities expand rapidly but rural areas remain underfunded and lack basic services. Linking Words
For example
, in India, nearly 70% of foreign investment goes to metropolitan regions, leaving villages with poor infrastructure and limited job opportunities. Linking Words
Therefore
, economic Linking Words
growth
alone does not guarantee equal social progress.
In conclusion, prioritising economic Use synonyms
growth
can provide governments with the financial capacity to improve other sectors. Use synonyms
However
, if Linking Words
this
approach is not accompanied by policies that ensure equal distribution, it may deepen social inequality and widen the urban-rural divide.Linking Words