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.