Everyone believes that economic growth aids people to attain a better standard of living. Individuals in improving nations felt satisfied with this, while other citizens in rich countries are disappointed with it. In my own perspective, I am into the idea of the population in a developing countries.
To begin, people who use to live in under develop countries often experienced incredible hardship. Conceivably, they are the ones who could barely provide their family with the basic needs they have. They cannot even enjoy the fruit of their labor. For instance, most of these unfortunate families cannot afford to treat their family to taste a lucrative meal in a restaurant like even once a year for the fact that what they have is just enough to survive for that day. However, if economic status will become vast in that country, they might be getting a chance in improving their lives, since probably for now government could be providing them with the other basic commodities they needed such as a proper employment, high paying jobs and most of all a stable income. This way it would not be tremendously difficult to provide everything to their family because as the family unit becomes stable it definitely affects the economic growth of that country as well.
On the other hand, people in a well develop society probably be loosing their interest regarding economic improvement. These are the ones who became impatient, naive and pessimistic since they had already attained everything in their lives. They do not experience too much suffering when it comes to surviving. In particular, if someone owned a multi-million business and he wanted to expand it. It only means that as he wanted to expand it, his company is producing more products. In return he needed to hire more employees and incurred more taxes and expenses. Furthermore, he benefited from it but as he gets prominent in the society. He become self-centered and perceived the situation to be a negative one. Therefore, anyone who have attained this status are probably become greedy and arrogant.
In conclusion, economic development in a country would possibly be more advantageous for the developing nations, since majority of the individuals that they are catering are unfortunate ones, whilst economic improvement in other nations were citizens most probably are in the middle classes of the society find it absurd for the fact that with more development economically. They have to pay more taxes and as a result they will start cutting their budgets in the leisure activities they use to enjoy.
Everyone believes that
economic
growth aids
people
to attain a better standard of living. Individuals in improving nations felt satisfied with this, while
other
citizens in rich
countries
are disappointed
with it. In my
own
perspective, I am into the
idea
of the population in a developing
countries
.
To
begin
,
people
who
use to
live
in under develop
countries
often
experienced incredible hardship.
Conceivably
, they are the
ones
who
could
barely
provide their
family
with the basic needs they have. They cannot even enjoy the fruit of their labor.
For instance
, most of these unfortunate
families
cannot afford to treat their
family
to taste a lucrative meal in a restaurant like even once a year for the fact that what they have is
just
enough
to survive for that day.
However
, if
economic
status will
become
vast in that
country
, they might be getting a chance in improving their
lives
, since
probably
for
now
government
could be providing them with the
other
basic commodities they needed such as a proper employment, high paying jobs and most of all a stable income. This way it would not be
tremendously
difficult to provide everything to their
family
because
as the
family
unit
becomes
stable it definitely affects the
economic
growth of that
country
as well
.
On the
other
hand,
people
in a well develop society
probably
be loosing their interest regarding
economic
improvement. These are the
ones
who
became impatient, naive and pessimistic since they had already attained everything in their
lives
. They do not experience too much suffering when it
comes
to surviving.
In particular
, if someone
owned
a multi-million
business and
he wanted to expand it. It
only
means that as he wanted to expand it, his
company
is producing more products. In
return he
needed to hire more employees and incurred more taxes and expenses.
Furthermore
, he benefited from it
but
as he
gets
prominent in the society. He
become
self-centered and perceived the situation to be a
negative
one.
Therefore
, anyone
who
have attained this status are
probably
become
greedy and arrogant.
In conclusion
,
economic
development in a
country
would
possibly
be more advantageous for the developing nations, since
majority of
the individuals that they are catering are unfortunate
ones
, whilst
economic
improvement in
other
nations were citizens most
probably
are in the middle classes of the society find it absurd for the fact that with more development
economically
. They
have to
pay more taxes and
as a result
they will
start
cutting their budgets in the leisure activities they
use to
enjoy.