State gives more importance to the development of the economy as compared to any other field. The main advantage of this is that it opens more employment opportunities, and the key disadvantage is environmental problems get less attention, which should be the foremost priority.
The biggest benefit of prioritizing economic development is the fact that it increases the number of jobs in many fields. This is because the economy of any country depends upon a number of people are employed in that county. If a country has a higher employment rate, it automatically means employed people are contributing toward the country's wealth in the form of tax because people get jobs with the presence of more industries and companies, which is the source factor that makes the nation's wealth. For example, according to the survey by National Union, 88% of the people in developed countries have a satisfactory job than developing nations because of the differences in the economy. In my opinion, the economy does play a significant role by providing people a source of income, which is why economic growth should get importance.
However, some believe that the drawback of increasing the economy is that it has deteriorated nature sharply. Industries are the source of the nation's wealth, and these industries are causing a huge amount of pollution. When chemical industries drain harmful chemicals in rivers and discharge pollutants in the air, it pollutes the drinking water and breathable air. For instance, a report by the BBC news states that the ODO chemical factory in Australia, which releases very harmful chemicals in the air, has depleted the Ozone layer. This is resulting in health problems such as skin cancer and lung diseases.
In conclusion, the primary value of having higher economic growth is the fact that people are getting jobs because of the more factories and industries, and the downside is that the earth's atmosphere is becoming worse because factories are the source of air and water pollution.
State gives more importance to the development of the
economy
as compared to any other field. The main advantage of this is that it opens more employment opportunities, and the key disadvantage is environmental problems
get
less attention, which should be the foremost priority.
The biggest benefit of prioritizing economic development is the fact that it increases the number of
jobs
in
many
fields. This is
because
the
economy
of any country depends upon a number of
people
are employed
in that county. If a country has a higher employment rate, it
automatically
means employed
people
are contributing toward the country's wealth in the form of tax
because
people
get
jobs
with the presence of more
industries
and
companies
, which is the
source
factor that
makes
the nation's wealth.
For example
, according to the survey by National Union, 88% of the
people
in
developed countries
have a satisfactory
job
than developing nations
because
of the differences in the
economy
. In my opinion, the
economy
does play a significant role by providing
people
a
source
of income, which is why economic growth should
get
importance.
However
,
some
believe that the drawback of increasing the
economy
is that it has deteriorated nature
sharply
.
Industries
are the
source
of the nation's wealth, and these
industries
are causing a huge amount of pollution. When
chemical
industries
drain harmful
chemicals
in rivers and discharge pollutants in the
air
, it pollutes the drinking water and breathable
air
.
For instance
, a report by the BBC news states that the
ODO
chemical
factory in Australia, which releases
very
harmful
chemicals
in the
air
, has depleted the Ozone layer. This is resulting in health problems such as skin cancer and lung diseases.
In conclusion
, the primary value of having higher economic growth is the fact that
people
are getting
jobs
because
of the more factories and
industries
, and the downside is that the earth's atmosphere is becoming worse
because
factories are the
source
of
air
and water pollution.