It is believed by many governments that economic growth is the vital aim of a country. While several other believe that the progress on other sectors are ought to give equal importance. I am with the opinion of latter statement that considering other sectors such as educational, social would benefit the country in long run. On the one hand, the numerous people consider financial stability of a country would enable the economic progression. Because being stable in terms of economy would ensure that they are self-sufficient without depending on other nations for external sources such as loan in order to provide better standard of living for their citizens. For instance, there are several countries borrowed from world bank to provide monetary benefits. As a result, nation focusing on economic growth could avoid burdening on upcoming generation. on the other hand, several people believe that considering sectors like educational would provide long-term benefits. This is because, people who are illiterate are the reasons for many social causes. By allocating funds and focusing on education would help us to eliminate unemployment, crime rate and enable other countries to develop their business in such a peaceful country. In addition, the treatment of minority people are seen as a reflection of moral standard and social development of the country. For example, countries like Sweden focused on education which led them to have lower unemployment. To reiterate, despite having different views, I believe it is significant for the government to focus on other sectors more than economic progress to be successful in long run.
It
is believed
by
many
governments
that
economic
growth is the vital aim of a
country
.
While
several
other
believe that the progress on
other
sectors
are ought to give equal importance. I am with the opinion of latter statement that considering
other
sectors
such as educational, social would benefit the
country
in long run. On the one hand, the numerous
people
consider financial stability of a
country
would enable the
economic
progression.
Because
being stable in terms of economy would ensure that they are self-sufficient without depending on
other
nations for external sources such as loan in order to provide better standard of living for their citizens.
For instance
, there are several
countries
borrowed from
world bank
to provide monetary benefits.
As a result
, nation focusing on
economic
growth could avoid burdening on upcoming generation.
on
the
other
hand, several
people
believe that considering
sectors
like educational would provide long-term benefits. This is
because
,
people
who are illiterate are the reasons for
many
social causes. By allocating funds and focusing on education would
help
us to eliminate unemployment, crime rate and enable
other
countries
to develop their business in such a peaceful
country
.
In addition
, the treatment of minority
people
are
seen
as a reflection of moral standard and social development of the
country
.
For example
,
countries
like Sweden focused on education which led them to have lower unemployment. To reiterate, despite having
different
views, I believe it is significant for the
government
to focus on
other
sectors
more than
economic
progress to be successful in long run.