Economic growth is one of the many factors upon which a nation is judged across the globe. It has always been an argument whether the ruling party of a country should keep it above the other types of growth that can be made available to the people. This essay will discuss both the view and will give an opinion based upon the relevant examples.
Increasing the wealth of the nation has always been a primary agenda of a government. Had it not been for the visible increase in the funds, how would it be possible for them to attract multinational corporations to invest in the country. To illustrate, the government provides subsidies to companies from other parts of the globe to invest as it will not only help them to reduce unemployment but will also result in increase in per capita income. To conclude, increase in per capita income of individuals in turn affects the GDP of a country. Hence, the ruling party must keep this factor in mind.
However, should only attracting MNCs be the goal? It must also be the duty of the regime to ensure that its people are also growing individually. The administration must take sufficient measures to ensure that its people are literate so that they do not need to depend upon its leadership for basic facilities. A good example of this is that educated people will not require much support from the authorities which in turn can help the nation to put a stop on subsidies at multiple levels.
In my opinion, individual growth in a country can make people independent and free from the support that they need from the authorities. Hence, it must be given more consideration than just to improve the financial aspects.
Economic growth is one of the
many
factors upon which a nation
is judged
across the globe. It has always been an argument whether the ruling party of a
country
should
keep
it above the other types of growth that can
be made
available to the
people
. This essay will discuss both the view and will give an opinion based upon the relevant examples.
Increasing the wealth of the nation has always been a primary agenda of a
government
. Had it not been for the visible increase in the funds, how would it be possible for them to attract multinational corporations to invest in the
country
. To illustrate, the
government
provides subsidies to
companies
from other parts of the globe to invest as it will not
only
help
them to
reduce
unemployment
but
will
also
result in increase in per capita income.
To conclude
, increase in per capita income of individuals in turn affects the GDP of a
country
.
Hence
, the ruling party
must
keep
this factor in mind.
However
, should
only
attracting
MNCs
be the goal? It
must
also
be the duty of the regime to ensure that its
people
are
also
growing
individually
. The administration
must
take sufficient measures to ensure that its
people
are literate
so
that they do not need to depend upon its leadership for basic facilities. A
good
example of this is that educated
people
will not require much support from the authorities which in turn can
help
the nation to put a
stop
on subsidies at multiple levels.
In my opinion, individual growth in a
country
can
make
people
independent and free from the support that they need from the authorities.
Hence
, it
must
be
given
more consideration than
just
to
improve
the financial aspects.
9Linking words, meeting the goal of 7 or more
9Repeated words, meeting the goal of 3 or fewer
1Mistakes