The authorities in some countries rank economic improvement over other issues. I support this view because the benefits of this policy offset the demerits as it will improve the employment status and the standard of living.
One commonly cited disadvantage of the government prioritising growth in the economy of a nation over other issues is the negative impact on the health of the citizens. A major reason for this is that many employers would put more emphasis on work rather than the wellbeing of their employees. Thus, they could extend the duration of work, limit holidays and promote working overtime so as to increase profits. This has deleterious health consequences. For example, in recent years, some workers in Japan choose to work overtime or without a break. Although, this causes significant growth in the economy, however, some of this people develop health problems like depression, anxiety disorder and cardiovascular disease. This reveals the negative impact of such a policy.
Despite this, there are two important advantages of increased emphasis on economic growth. First of all, it increases the job opportunities in many countries. People are often encouraged to start a business which would contribute positive to the nation's economy, coupled with the rise in capital flight into the country from foreign investors. As a consequence, there are more job offers in new companies and in other expanded industries. Furthermore, the standard of living of people in such countries improves. This is owing to the fact that improvements in a nation's economy would result in infrastructural developments such as better accommodations, good public transportation systems, improved health care and more social amenities. Therefore, people would be more satisfied with the work and their living conditions.
In conclusion, although when government prioritises economic growth over other concerns, this could create more health challenges. However, I believe that the benefits of improved employment and the standards of living is more important.
The authorities in
some
countries
rank economic improvement over
other
issues. I support this view
because
the benefits of this policy offset the demerits as it will
improve
the employment status and the standard of living.
One
commonly
cited disadvantage of the
government
prioritising
growth
in the
economy
of a nation over
other
issues is the
negative
impact on the
health
of the citizens. A major reason for this is that
many
employers would put more emphasis on
work
rather
than the
wellbeing
of their employees.
Thus
, they could extend the duration of
work
, limit holidays and promote working overtime
so as to
increase profits. This has deleterious
health
consequences.
For example
, in recent years,
some
workers in Japan choose to
work
overtime or without a break. Although, this causes significant
growth
in the
economy
,
however
,
some
of this
people
develop
health
problems like depression, anxiety disorder and cardiovascular disease. This reveals the
negative
impact of such a policy.
Despite this, there are two
important
advantages of increased emphasis on economic
growth
.
First of all
, it increases the job opportunities in
many
countries
.
People
are
often
encouraged to
start
a business which would contribute
positive
to the nation's
economy
, coupled with the rise in capital flight into the
country
from foreign investors. As a consequence, there are more job offers in new
companies
and in
other
expanded industries.
Furthermore
, the standard of living of
people
in such
countries
improves
. This is owing to the fact that improvements in a nation's
economy
would result in infrastructural developments such as better accommodations,
good
public transportation systems,
improved
health
care and more social amenities.
Therefore
,
people
would be more satisfied with the
work
and their living conditions.
In conclusion
, although when
government
prioritises
economic
growth
over
other
concerns, this could create more
health
challenges.
However
, I believe that the benefits of
improved
employment and the standards of living is more
important
.