Many governments think that economic progress is their most important goal. Some people, however, think that other types of progress are equally important for a country.
Discuss both views and give your own opinion.
Some governments believe that boosting economy is their first priority. Others contend that other forms of development, such as those in the areas of health and education, are just as important for a rural area. My opinion is that one facet of a government’s advancement that has the greatest impact on other aspects is its economic development. In order to discuss both points of view and provide my own perspective at the end, the following essay will do so.
Starting off, economics stands for the foundation of a system and symbolizes the wealth of a home. A country’s economic growth has a significant impact on its power. The majority of nations on the globe are actually ranked according to their economic systems. For instance, it is well known that America spends a lot of money and effort training its military. This is so because the military represents a country’s expanding economy. The absence of an organized economy prevents the nation from utilizing resources and advancing other social aspects.
On the other side, a nation should focus equally on social aspects such as technology, health, and education. These factors promote economic breakthroughs even if they are not as important as national wealth. As social media has greatly influenced the world in recent years, for instance, technical industries have become the focal point and driving force in many nations. When initiatives receive enough funding, technology advances at the same time.
In conclusion, economic growth is the prosperous representation of a comfortable life and continues to have an impact on technology, medicine, and education. As a result, although other forms of progress are as vital to a country, the economy is thought to have the most overall crucial potential.