Different countries believe that it is important to focus on economic growth, while other people prefer other forms of growth. This essay will discuss the importance of economic growth as compared to other forms of growth. The economy is the backbone of any nation. That is as the economy grows, so do opportunities for employment and income growth. Stronger labour markets and higher income levels tend to help those families living in poverty move above poverty threshold. Furthermore, economic growth will help social problems, such as crime rate, communicable disease and improvements of life expectancy of people.
The strength of an economy lead to a health nation. Whilst a crippling economy is a distress to the citizens, as well as the governments. Therefore, growth in the economy brings relief and mental stability. For example, people living in a struggling economy are at high risk of developing heart attacks or psychiatric conditions due to stressors of the economy.
However, the peace of a nation plays a huge role apart from the economic growth. That is, there are some countries which are well-developed, though they experience civil unrest. It is crucial for the government to focus on increasing growth in security system. For example, recently in America they are people, who were shot dead in the city of New Jersey. This was due to poor security progression in a country with high levels of economic growth.
In conclusion, the benefits of economic growth outweighs the drawbacks of types of progressions. Economic growth is advantageous, as it reduces a number of communicable diseases, increases employment opportunities and economic growth. Which will in turn solve other forms of progression such as social growth, environmental and political growth.
Different
countries believe that it is
important
to focus on
economic
growth
, while
other
people
prefer
other
forms of
growth
. This essay will discuss the importance of
economic
growth
as compared to
other
forms of
growth
. The
economy
is the backbone of any nation.
That is
as the
economy
grows,
so
do opportunities for employment and income
growth
. Stronger
labour
markets and higher income levels tend to
help
those families living in poverty
move
above poverty threshold.
Furthermore
,
economic
growth
will
help
social problems, such as crime rate, communicable disease and improvements of life expectancy of
people
.
The strength of an
economy
lead to a health nation. Whilst a crippling
economy
is a distress to the citizens,
as well
as the
governments
.
Therefore
,
growth
in the
economy
brings relief and mental stability.
For example
,
people
living in a struggling
economy
are at high
risk
of developing heart attacks or psychiatric conditions due to stressors of the economy.
However
, the peace of a nation plays a huge role apart from the
economic
growth
.
That is
, there are
some
countries which are well-developed, though they experience civil unrest. It is crucial for the
government
to focus on increasing
growth
in security system.
For example
, recently in America they are
people
, who
were shot
dead in the city of New Jersey. This was due to poor security progression in a country with high levels of
economic
growth.
In conclusion
, the benefits of
economic
growth
outweighs the drawbacks of types of progressions.
Economic
growth
is advantageous, as it
reduces
a number of communicable diseases, increases employment opportunities and
economic
growth
. Which will in turn solve
other
forms of progression such as social
growth
, environmental and political
growth
.