Many leaders around the world believe that improving a country’s economy will bring developments in many other aspects of a country. However, some people point out that focusing too much on financial prosperity has caused traditional values to be forgotten. Although I agree with their view to some extent, I believe that the benefits brought by a good economy far outweigh its drawbacks.
Admittedly, there are a few downsides to placing too much importance on economic growth. Striving for the financial gain can cause citizens to become money oriented and more materialistic. People overindulge in luxuries and eventually, traditional societal values such as value of moderation rather than excess are lost. Happiness will be defined by one’s material possessions and children will think that everything can be bought with money. Moreover, parents are so busy working for money that they overlook the importance of family and the value of a close knit family is often forgotten as a consequence.
On the other hand, a financially stable country has many advantages over a poor nation. A healthy economy means better job opportunities, high employment rates and higher income for the citizens. An economically strong government can invest in the country’s infrastructures such as schools, hospitals and transport networks resulting in more educated and healthier citizens who enjoy higher living standards. This can lead to a significant reduction in many social and health problems such as illiteracy, crimes and poverty related diseases that are faced by countries with financial limitations. Moreover, it is generally true that the happiest countries in the world are the ones that are doing financially well such as Norway and Denmark.
In conclusion, I believe that every country needs to work towards financial development as it brings many advantages for its nationals. However, individuals ought to work together to attain the financial goals whilst preserving the important social values. 
 Many
 leaders around the world believe that improving a  
country’s
 economy will bring developments in  
many
 other aspects of a  
country
.  
However
,  
some
  people
 point out that focusing too much on  
financial
 prosperity has caused traditional values to  
be forgotten
. Although I  
agree
 with their view to  
some
 extent, I believe that the benefits brought by a  
good
 economy far outweigh its drawbacks. 
Admittedly
, there are a few downsides to placing too much importance on economic growth. Striving for the  
financial
 gain can cause citizens to become money oriented and more materialistic.  
People
 overindulge in luxuries and  
eventually
, traditional societal values such as  
value
 of moderation  
rather
 than excess  
are lost
. Happiness will  
be defined
 by one’s material possessions and children will  
think
 that everything can be  
bought
 with money.  
Moreover
, parents are  
so
 busy working for money that they overlook the importance of family and the  
value
 of a  
close knit
 family is  
often
 forgotten as a consequence. 
On the other hand
, a  
financially
 stable  
country
 has  
many
 advantages over a poor nation. A healthy economy means better job opportunities, high employment rates and higher income for the citizens. An  
economically
 strong  
government
 can invest in the  
country’s
 infrastructures such as schools, hospitals and transport networks resulting in more educated and healthier citizens who enjoy higher living standards. This can lead to a significant reduction in  
many
 social and health problems such as illiteracy, crimes and poverty related diseases that  
are faced
 by  
countries
 with  
financial
 limitations.  
Moreover
, it is  
generally
 true that the happiest  
countries
 in the world are the  
ones
 that are doing  
financially
 well such as Norway and Denmark. 
In conclusion
, I believe that every  
country
 needs to work towards  
financial
 development as it brings  
many
 advantages for its nationals.  
However
, individuals ought to work together to attain the  
financial
 goals whilst preserving the  
important
 social values.