People have different views on whether industrial development should be encouraged to eradicate poverty or should be stopped to reduce global environmental related issues. Although a smaller section of the population believed that this phenomenon will create employment and increase the purchasing power of a nation, I consider that further development should be in favour of the environment.
Firstly, the main reason for the majority of people below the poverty line is because of the unemployment rate. It is widely known that if any industry growing, it will contribute to afford opportunities to many jobless people. Secondly, having substantial and salary, residents would not show a reluctance to purchase goods and services in order to fulfil their elementary needs. This will not only greatly increase in the procurement but also increase the overall country’s economy by paying taxes. This extra accrued fund could be then utilised in the development of remaining financial limited individuals.
On the other hand, despite the above arguments, according to me, it is more important to consider the long-term benefits. Any industrial development, including chemical factories, automotive, which are the primary causes of air contamination are deleterious to human health as well as to global environmental issues. If such corporations increase significantly, then it will cause to the whole planet by which everyone would suffer from it. Instead, there should obviously be growth in the industries, but they contribute to the mitigate the environmental issues rather than increasing them.
In conclusion, while developing an industry would play an important role in solving the poverty issue, I believe that those industries should consider plans which could bring benefits in the long run.
People
have
different
views on whether industrial
development
should
be encouraged
to eradicate poverty or should be
stopped
to
reduce
global environmental related
issues
. Although a smaller section of the population believed that this phenomenon will create employment and
increase
the purchasing power of a nation, I consider that
further
development
should be in
favour
of the environment.
Firstly
, the main reason for the majority of
people
below the poverty line is
because
of the unemployment rate. It is
widely
known that if any
industry
growing, it will contribute to afford opportunities to
many
jobless
people
.
Secondly
, having substantial and salary, residents would not
show
a reluctance to
purchase
goods
and services in order to fulfil their elementary needs. This will not
only
greatly
increase
in the procurement
but
also
increase
the
overall
country’s economy by paying taxes. This extra accrued fund could be then
utilised
in the
development
of remaining financial limited individuals.
On the other hand
, despite the above arguments, according to me, it is more
important
to consider the long-term benefits. Any industrial
development
, including chemical factories, automotive, which are the primary causes of air contamination are deleterious to human health
as well
as to global environmental
issues
. If such corporations
increase
significantly
, then it will cause to the whole planet by which everyone would suffer from it.
Instead
, there should
obviously
be growth in the
industries
,
but
they contribute to
the mitigate
the environmental
issues
rather
than increasing them.
In conclusion
, while developing an
industry
would play an
important
role in solving the poverty
issue
, I believe that those
industries
should consider plans which could bring benefits in the long run.