Economic progress plays a vital role in the development of the country. Some people believe economic factors alone are sufficient for a nation to be called as a successful one. However, Other's opine that there are also other factors which constitutes towards the country to be called it as a successful country.
To begin with, social factors like free education, basic necessities and better health services also contribute towards the success of the economy. Of all the foresaid factors, the one which is important according to me is basic necessities which comprises of food, shelter and clothing. Every citizen has the right to attain the basic necessities. Free education must be provided for the children upto 6 years of age. Better health services must be provided to all the people. The fee charged must be minimal.
Globalisation has brought many changes to the technological development. Firstly, robots have been replaced with humans. Secondly, with this implementation people are able to save more time and effort. Lastly, the business are expanding globally.
To conclude, not only economic/monetary progree is important but also social factors also has to be taken into consideration for a country to be called out as a successful one. 
Economic progress plays a vital role in the development of the country.  
Some
  people
 believe economic  
factors
 alone are sufficient for a nation to  
be called
 as a successful one.  
However
, Other's opine that there are  
also
 other  
factors
 which constitutes towards the country to  
be called
 it as a successful country.
To  
begin
 with, social  
factors
 like free education,  
basic necessities
 and better health services  
also
 contribute towards the success of the economy. Of all the  
foresaid
  factors
, the one which is  
important
 according to me is  
basic necessities
 which  
comprises of
 food, shelter and clothing. Every citizen has the right to attain the  
basic necessities
. Free education  
must
  be provided
 for the children  
upto
 6 years of age. Better health services  
must
  be provided
 to all the  
people
. The fee charged  
must
 be minimal. 
Globalisation
 has brought  
many
  changes
 to the technological development.  
Firstly
, robots have  
been replaced
 with humans.  
Secondly
, with this implementation  
people
 are able to save more time and effort.  
Lastly
, the business are expanding globally. 
To conclude
, not  
only
 economic/monetary  
progree
 is  
important
  but
  also
 social  
factors
  also
  has to
  be taken
 into consideration for a country to  
be called
 out as a successful one.