In today's world economic development is a major concern for every country and government. The most common view is that the economic growth is the most desirable thing which will benefit both individuals and society as a whole, despite possible drawbacks. In this essay I will argue that the advantages of economic development outweigh the disadvantages.
To begin with, economic growth helps to create more exports than imports. First of all, a positive effect is when we have more exports we need to fill more jobs. This in turn creates more employment opportunities for the general public. Moreover, it means we can fill the gap between the rich and the poor because the poor will also have means to earn income and improve their standard of living. Secondly, increased export also means that a country can accumulate more wealth and strength.
However, fast economic growth may also create environmental problems, because if we produce more and more products we have to take more and more resources from our nature. Due to this, trees are cut down to make more space for factories and industrial centres. For this reason, many countries are now searching ways to reduce the damage to the environment as the same time.
To sum up, the advantages of economic development clearly outweigh the disadvantages. The most important benefit is that economic growth creates more jobs and opportunities to set all humans on the same level. Furthermore, economic development brings to everyone in the world a higher standard of living.
In
today
's world
economic
development
is a major concern for every country and
government
. The most common view is that the
economic
growth
is the most desirable thing which will benefit both individuals and society as a whole, despite possible drawbacks. In this essay I will argue that the advantages of
economic
development
outweigh the disadvantages.
To
begin
with,
economic
growth
helps
to
create
more exports than imports.
First of all
, a
positive
effect is when we have more exports we need to fill more jobs. This in turn
creates
more employment opportunities for the
general public
.
Moreover
, it means we can fill the gap between the rich and the poor
because
the poor will
also
have means to earn income and
improve
their standard of living.
Secondly
, increased export
also
means that a country can accumulate more wealth and strength.
However
,
fast
economic
growth
may
also
create
environmental problems,
because
if we produce more and more products we
have to
take more and more resources from our nature. Due to this, trees are
cut
down to
make
more space for factories and industrial
centres
.
For this reason
,
many
countries are
now
searching ways to
reduce
the damage to the environment as the same time.
To sum up, the advantages of
economic
development
clearly
outweigh the disadvantages. The most
important
benefit is that
economic
growth
creates
more jobs and opportunities to set all humans on the same level.
Furthermore
,
economic
development
brings to everyone in the world a higher standard of living.