Most countries aim to improve their standard of living through economic development, but many important

Most countries aim to improve their standard of living through economic development, but many important social values can be lost as a result. Do the advantages of economic development outweigh the disadvantages? hay nhất giúp bạn có thêm tài liệu tham khảo để viết bài luận bằng Tiếng Anh hay hơn.

Most countries aim to improve their standard of living through economic development, but many important

Most countries aim to improve their standard of living through economic development, but many important - mẫu 1

Many nations strive to enhance their citizens' quality of life by pursuing economic growth, though this often leads to the erosion of cherished social values. Despite these losses, the benefits of economic development significantly surpass the drawbacks.

Economic growth is not without its challenges. One primary concern is the loss of cultural heritage. As countries modernize, traditional customs and practices can get sidelined in favor of more global, often Western, lifestyles. For instance, younger generations in rapidly developing nations might prefer fast food over traditional dishes, leading to a dilution of culinary heritage. Another significant disadvantage is environmental degradation. The drive for industrial expansion often results in substantial ecological damage. An example of this is seen in the deforestation of the Amazon Basin, where vast tracts of forest are cleared to make way for agriculture and mining, disrupting local ecosystems and contributing to global climate change.

On the other hand, economic development brings more substantial advantages. A primary benefit is the improvement in living standards. Increased economic activities lead to better employment opportunities, which in turn elevate household incomes and reduce poverty. South Korea’s transformation over the past fifty years, evolving from a war-ravaged country to a high-tech economy, exemplifies this, where the average income has significantly increased, enhancing overall living conditions. Furthermore, economic growth fuels advancements in healthcare and education. For example, increased revenues allow for greater public health expenditures, which have been instrumental in increasing life expectancy and reducing child mortality rates in places like the United Arab Emirates.

In conclusion, while it is necessary to address the issues of cultural erosion and environmental impact, the overall benefits in health, education, and living standards clearly demonstrate that the advantages of economic development outweigh the disadvantages.

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In many parts of the world, economic development is pursued to improve living standards, despite some associated social risks. However, I believe that the benefits, particularly in terms of enhancing economic stability and cultural preservation, far outweigh the disadvantages.

Admittedly, the relentless pursuit of economic growth can pose challenges to maintaining the integrity of a country's social fabric. This takes the form of longer working hours and migration from rural areas to urban centers, driving working individuals away from their families and encouraging individualism. A case in point is found in Japan, where the rigorous work culture has steered society away from traditional collectivism, as individuals of all ages increasingly live in isolation as a consequence. Furthermore, economic development often necessitates openness to global markets, which includes international tourism and cultural exchange. While financially beneficial, these activities can undermine the authenticity of local cultures. Traditional crafts, cuisine, and fashion may be tailored to appeal to international tastes, potentially altering the perception of these cultural elements among both visitors and locals.

Nevertheless, I believe that the long-term advantages of economic development outweigh the aforementioned problems. One of them is the growth in lucrative employment opportunities for citizens, which raises household incomes. This improvement allows significant investments in children's education and healthcare, improving the quality of the future labor force, which is crucial for sustainable economic growth. Additionally, robust economies can generate more than enough wealth to allocate sufficient resources for the preservation of a country’s cultural values, rather than necessarily diluting them. South Korea effectively illustrates this by using economic gains to restore historic sites and promote its culture globally through K-pop and cinema, all of which attract tourists and further feed the economy, allowing cultural and economic growth to work in tandem.

In conclusion, while there are potential societal drawbacks associated with economic development, its long-term benefits in terms of sustaining economic growth and preservation of a country's cultural heritage are significantly greater.

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A great number of nations across the world are endeavouring to achieve growth of their economies to make people's lives better. However, certain social values disappear in the course of development. My opinion is that this situation results in more drawbacks than benefits.

The major downside is that the environment will be degraded. Manufacturers are profit-oriented and make all efforts to produce more and reduce operational costs, which leads to their lack of social responsibility. What they do is that they keep discharging unprocessed wastewater into waterways, such as rivers, lakes, and oceans, and emitting large quantities of poisonous gases to pollute the air.

Another disadvantage is that people become too self-centred and unkind. The world has been altered to a place where money is highly valued. Many people focus on earning money, showing less sympathy and seldom giving a hand to those in need of help. For instance, some rich company owners believe that they are superior to others. They do not care about their employees' well-being but exploit them by getting them to work longer.

However, the advantages cannot be ignored, one of which is that people's quality of life is guaranteed. Taxes paid by individuals and businesses are a stable source of government revenue, making it possible for the construction of infrastructure, including roads, bridges and airports. Also, more money can be invested in science and technology so that diseases can be prevented and radically cured, and people's everyday life can become much easier.

In conclusion, I believe that there are more challenges arising from losing social values owing to economic advancement than benefits. Although people can enjoy a high standard of living, environmental issues and people being unsympathetic appear. Therefore, it is recommended that programmes using the media and school education be developed to mitigate the adverse impact on social values.

Most countries aim to improve their standard of living through economic development, but many important - mẫu 4

Economic development is often the primary focus for many countries striving to enhance their citizens' standard of living. While economic growth can bring about numerous benefits, it also poses a risk to essential social values. In my opinion, the potential issues far outweigh the possible merits.

On the one hand, an improved economy can significantly better citizens' professional prospects and their living standards. Along with economic development comes the creation of job opportunities and improved revenues for industries. As such, enhancing a nation's economy can help reduce unemployment rates for its population and improve the overall working conditions for individuals. In addition, in a country whose economy is developed, the increased government revenue can be invested into healthcare and education. This additional funding into essential aspects of citizens' domestic life can lead to higher life expectancy and better quality of life.

On the other hand, extreme attempts at economic development can cause serious erosion of vital social values and detrimental effects to public health. Overemphasis on economic metrics and monetary values can cause many to prioritize aspects of their life that bring financial profits over those that do not. As such, empathy, social responsibilities, altruism and many other moral values can be undermined, posing the risk of heightened social evils. Additionally, the focus on economic growth can exacerbate mental health issues among the workforces. The increased priority placed in career and financial achievements can lead to pressure among the working group, leading to serious stress-induced mental health hazards.

In conclusion, while economic development brings undeniable benefits for citizens' living standards, it also brings serious dangers to social values and mental health. Thus, moderate focus on economic growth is essential to maximize the advantages and minimize the risks.

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Most nations are working to improve their economies so that people can live in better conditions, but this transformation will also bring about some social problems. Although I partially concur with this viewpoint, I still believe that the benefits of a thriving economy can outweigh the drawbacks.

There are many reasons why one can argue that one of the most apparent drawbacks of economic progress is the decline of social values. People spend the majority of their time working due to competitiveness and a desire to gain more money, which inhibits social connection. As a result, parents would have limited opportunities to care for their kids, and the importance of a close-knit family would thus be overlooked. Because they do not feel loved, they become more likely to deviate from the path of becoming a productive member of society. In fact, according to key findings from a survey conducted by The National Longitudinal Survey of Youth, American youths who come from a non-intact or single divorced parent family have a 9% chance of being more likely to commit a misdemeanor.

On the other hand, it is virtually impossible to deny the many advantages of economic growth. A solid financial foundation is essential when it comes to providing quality healthcare which is a major aspect of modern civilization. For instance, the Universal Healthcare Program, which is largely present and successfully implemented in economically developed countries like Canada, offers free and easily accessible treatments and drugs to their citizens even against cancer or during a major crisis such as the Covid-19 pandemic. Furthermore, better educational standards also go hand in hand with economic prosperity which can ensure a higher quality workforce in the future, while there still exists a clear trend of students from developing countries seeking better education abroad.

In conclusion, I am fully convinced that economic progression can have some adverse effects on the bonds between family members, but these can not be compared to the positive impacts on many other aspects of society, namely healthcare and education.

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It is often thought that the growth of the economy and the preservation of social values are mutually exclusive. In my opinion, although economic development brings both positive and negative outcomes, the latter can be controlled so as to maximize the benefits.

On the one hand, the development of the economy brings numerous advantages that can significantly enhance citizens’ quality of life. One of the undoubted benefits is that with the expansion of industries and emergence of new businesses, employment opportunities would rise, which, in turn, results in a lower unemployment rate and provides those from the lower end of the income spectrum a means of financially supporting themselves and their families. Another point is that governments often have more resources at their disposal to allocate towards social services and safety nets, including unemployment benefits, pensions, and welfare programs. These services help ensure that financially disadvantaged individuals have access to basic human necessities even in times of economic hardship.

On the other hand, despite these aforementioned benefits, the drawbacks in terms of the loss of important social values are also worth being taken into consideration. Firstly, economic growth is often achieved at the expense of the environment. This means that in order for a country to thrive economically, some of the inevitable consequences may include the over-exploitation of natural resources, deforestation, environmental pollution due to greenhouse emissions, among many other issues. In this context, with a gravitation towards short-term financial gains, environmental protection is no longer regarded as an important social responsibility. Secondly, globalization, which is often driven by economic growth, can lead to the spread of a dominant culture at the expense of local traditions and customs. This cultural homogenization can result in the loss of unique cultural practices, languages, and arts.

In conclusion, while economic development contributes significantly to the improvement of living standards, it also poses challenges in terms of environmental sustainability and cultural heritage. Personally, the key lies in harnessing the positive aspects of economic growth while minimizing the drawbacks, and this can be achieved by adopting an approach that strikes a harmonious balance between economic development and the preservation of long-term social values. The promotion of sustainable business practices, along with the continued support of local products go a long way towards alleviating the problems.

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Economic development is a primary goal for many countries, aiming to enhance living standards; however, this pursuit often results in the erosion of social values. This essay examines whether the benefits of economic development outweigh its drawbacks.

There are several fruitful outcomes when countries invest in economic development to boost living standards. Firstly, economic development significantly improves the quality of life. Higher income levels allow people to afford better housing, healthcare, and education, leading to longer life expectancy, lower infant mortality, and a more educated workforce. Secondly, economic development reduces poverty by creating job opportunities. With more people employed, household incomes rise, reducing poverty levels and narrowing the wealth gap. This fosters a more equitable society and promotes social stability. Thirdly, economic development enhances infrastructure. Better roads, schools, hospitals, and communication networks not only make daily life more convenient but also attract foreign investment, further boosting economic growth.

However, I enunciate the idea that economic development engenders more disadvantages. One major concern is the erosion of social values. As countries modernize, there can be a shift towards individualism and materialism, undermining community cohesion and traditional cultural practices. Another significant issue is environmental degradation. Industrialization and urbanization often lead to pollution, deforestation, and loss of biodiversity, which have long-term detrimental effects on health and quality of life. Additionally, economic development can exacerbate income inequality. The benefits of growth are not always evenly distributed, leading to a wider wealth gap and social unrest among those left behind.

In conclusion, while economic development brings substantial benefits such as improved quality of life, poverty reduction, and enhanced infrastructure, I posit that this trend poses more challenges, including the erosion of social values, environmental degradation, and increased inequality.

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In recent years, the propensity that economic growth is aimed at raising living standards in most nations has sparked a public discussion. Although some social consequences might be brought about by economic prosperity to a certain extent, the benefits of this trend are more significant, particularly in terms of tackling unemployment issues and providing sources of governmental budget.

On the one hand, major downsides related to environmental degradation and socio-economic disparities in communities are derived from economic expansion. To begin with, since profit-oriented enterprises expedite products outputs and enlarge the productive capacity to respond to excessive demand, environmental problems such as air pollution and global warming are perpetuated in several ways. More specifically, it results in the overexploitation of fossil fuels for manufacturing and discharging a greater amount of untreated waste into the environment, which is a menace to the quality of human lives. In addition, income and wealth inequality is another main risk of this trend when the wealthy could leverage economic development to generate earnings through financial investments and sustain political power, but hardly are the underprivileged involved. As a result, abject poverty stemming from income inequality is getting worse because it not only triggers a manifested class conflict, but also exacerbates social problems namely crime rates, the discrimination of public health benefits, and educational disadvantages, thus placing significant burdens on governments.

On the other hand, the magnitude of economic growth regarding employment prospects and societal benefits would transcend potential drawbacks. First, as this trend generates a meteoric rise in decent job opportunities for workers in foreign-invested corporations and local firms, it is instrumental in solving unemployment problems and improving the quality of human lives in developing countries. Consequently, with increased remuneration, employed workers would initially surmount their family’s financial hurdles and then readily invest in their offspring’s education, advancing human development financially and intellectually. Second, economic development creates more taxation funds for national authorities, and an enriched governmental budget is dedicated to the promotion of other essential sectors for the betterment of public services. The investment in healthcare and scientific technology in a growing economy would perfectly exemplify this situation, medical treatments and facilities have improved with sufficient monetary resources and become more accessible for residents, thus safeguarding public health in most nations.

In conclusion, despite some drawbacks of environmental matters and social disparities, higher economic growth is a powerful tool to enhance the quality of human lives across the world. This is because it could solve numerous social issues such as employment and public healthcare and contribute to national in the future.

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The pursuit of economic progress often comes at the expense of certain social values. In my opinion, though economic development undeniably engenders numerous benefits, it is key to prioritize tradition.

There are several undeniable advantages to flourishing economic conditions. Firstly, it creates job opportunities and improves the employment rate, leading to reduced poverty levels and enhanced living standards. For example, in countries like China and India, rapid economic growth has lifted millions out of poverty through industries such as manufacturing and tourism services. Economic growth results in increased tax revenue, which can be allocated towards public services such as healthcare, education, and infrastructure development. In developing nations, these improvements create a sustainable cycle that can lead to improved overall societal well-being.

However, economic prioritization can sometimes harm social values. In the race for rapid growth, societies may witness a decline in traditions, cultural heritage, and community cohesion. For instance, the rise of consumerism and material wealth in marginalized communities such as on Native American reservations in the United States often leads to the erosion of cultural practices and traditions as people value material possessions over cultural preservation. Additionally, the focus on personal success and material gain may overshadow the importance of human relationships, leading to a decline in social interaction and a rise in individualistic attitudes. This ultimately widens economic inequalities as certain groups benefit disproportionately from development, exacerbating social divisions and creating social unrest.

In conclusion, although economic development is undoubtedly advantageous, it is crucial to recognize that social values are more important. Governments and societies must take proactive measures to balance economic growth and the preservation of cultural heritage, community values, and social well-being.

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The question of whether the advantages of economic development outweigh the disadvantages is complex and multifaceted. In my opinion, this phenomenon brings both advantages and disadvantages to societies in equal measures.

On the one hand, this tendency brings forth a multitude of advantages. Firstly, economic growth leads to a reduction in poverty and an enhancement in living standards. In fact, economic growth typically creates employment opportunities, reducing unemployment rates and providing individuals with means to support themselves and their families. For instance, China's remarkable economic expansion between 1978 and 2015 lifted approximately 800 million people out of extreme poverty, creating millions of new job opportunities and elevating living standards for many families. Additionally, economic prosperity enables greater access to education, as seen in Germany's tuition-free university system, facilitating knowledge acquisition and societal advancement. This facilitates not only the acquisition of knowledge but also contributes to the advancement of society as a whole.

On the other hand, economic development can erode traditional values and foster materialistic lifestyles. This is because the relentless pursuit of luxury goods and possessions often diminishes appreciation for existing possessions and nurtures discontentment. For example, in societies with rising living standards, individuals often equate success and status with material possessions, fueling an insatiable desire for more, regardless of genuine needs or financial constraints. Furthermore, the demanding nature of high economic growth can lead to long working hours, depriving parents of valuable time with their children and potentially exposing them to negative influences. In New York City, for instance, African American children may be susceptible to involvement in criminal activities due to parental preoccupation with work affairs.

In conclusion, while economic development undoubtedly brings numerous benefits such as poverty reduction and improved access to education, it also poses challenges such as the erosion of traditional values and the proliferation of materialism.

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The majority of countries all over the world resort to economic growth as the key driver of better living standards for their citizens. However, this could result in a loss of numerous cherished social values. This essay will delve into both the advantages and disadvantages of economic development, ultimately arguing that its detrimental impacts overshadow the benefits offered.

The progression of the economy often equates to increased prosperity for individuals, allowing for a better quality of life. With greater financial resources at their disposal, people can not only fulfill their basic needs like food and shelter but also indulge in luxuries such as travel and extravagant lifestyles. However, this economic advancement can exert adverse effects, particularly on cultural and traditional values, with the institution of the family being one of the most impacted. As individuals strive for financial success, they often find themselves entangled in the demands of a fiercely competitive market, sacrificing precious time with their loved ones. Rather than returning home after work to spend meaningful moments with family, many now find themselves working late hours at the office or engrossed in tasks even upon returning home, straining familial bonds. Consequently, despite financial security, children of dual-income households may suffer from neglect, lacking the love and attention they require, while spouses struggle to find quality time amidst busy schedules.

As economies grow and societies prosper, there is often a simultaneous rise in materialism and a decline in social values. This phenomenon occurs as people become more focused on acquiring material possessions, equating wealth with success and happiness. Consequently, there can be a shift away from prioritizing community, empathy, and ethical behavior. Instead, individuals may become more self-centered, valuing personal gain over collective well-being. Moreover, excessive consumerism fueled by economic growth can lead to environmental degradation and social inequalities, further eroding societal values. It is not uncommon to see negative consequences of unchecked economic growth, where environmental resources are exploited without regard for sustainability, leading to ecological damage, while simultaneously widening the gap between the rich and the poor, exacerbating social tensions and disparities.

In conclusion, while economic development may superficially promise enhanced living standards, it exacts a heavy toll on society's foundational values. The pursuit of wealth can strain familial bonds, promote materialism over community, and exacerbate inequalities, ultimately overshadowing the benefits of economic development.

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In the pursuit of economic development, nations often experience a trade-off between improving living standards and potentially sacrificing important social values. While economic progress brings about tangible benefits such as increased income and access to goods and services, it can also lead to the erosion of cultural heritage, social cohesion, and environmental sustainability. This essay will examine both the advantages and disadvantages of economic development before reaching a conclusion on whether its benefits outweigh the drawbacks.

Advocates of economic development argue that it brings about significant improvements in living standards. As countries industrialize and their economies grow, people generally experience higher incomes, better healthcare, improved education, and increased access to technology and infrastructure. These advancements contribute to enhanced quality of life, reduced poverty, and greater opportunities for social mobility. For example, in South Korea, rapid economic development over the past few decades has transformed the country from a war-torn nation into one of the world’s leading economies. This growth has led to a dramatic increase in living standards, with South Koreans now enjoying higher incomes, access to cutting-edge healthcare and education, and modern infrastructure that has improved overall quality of life.

However, the pursuit of economic growth can also lead to the neglect or loss of important social values. Rapid urbanization and industrialization may result in the destruction of cultural heritage sites, loss of traditional practices, and disruption of community bonds. Moreover, unchecked economic development often leads to environmental degradation, threatening ecosystems, biodiversity, and the long-term sustainability of resources. For example, in China, rapid economic growth has led to the destruction of historical neighborhoods in cities like Beijing and Shanghai to make way for high-rise buildings and commercial developments. This has resulted in the displacement of local residents and loss of cultural heritage. 

In conclusion, while economic development undoubtedly brings significant benefits in terms of improving living standards, it is crucial to recognize and address its potential drawbacks. Striking a balance between economic progress and the preservation of social values is essential for sustainable development.

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Living in a high standard level is the ultimate goal of many people. All of us are doing our best to live in comfort and peace. Governments try to satisfy their citizens' needs and provide them with all means of happiness and advance. To do this the economy of should be improved.

Like everything else, this has its advantages and disadvantages as well. Developing the economy is certainly useful not only for the living standard purpose but also for many other reasons; it may impact positively on the country in many fields, such as politics, culture and military power.

Some people look at this point from another point of view; they see that the economic advance for improving standards of living has some drawbacks. First of all, it is better to governments to satisfy the principal things for their people as food and medicines before thinking in providing a lot of leisure and comfort way of living. Other reason from their opinion, easy come easy go. The population may not act in a good way towards facilities which constructed by the governments, especially if they were not funded by the people's tax. In addition, they think that the social values may be affected by such development, as they are convinced that the community will change and the morals of people like honest and truth will be modified, the families won't gather with their selves regularly and the sense of help and support can be vanished by the time due to availability of many things to all people.

I tend to see that, it's very important for countries to develop their economy for their citizens' sake. I believe that the economy improvement advantages will have significant positive effects on the societies and the normal result of this development will be the advance of the nations.

Last but not least, governments and the concerned regulatory authorities should try to make a sort of balance between raising the population income and keeping the community's habits and traditions stable and not affected by any changes from foreign cultures.

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Economic development is essential for any country because the economic condition of a country will leave a very heavy impact on the daily routines of the citizens of that country. The economic development is directly linked to the better living standards of the people of the country. If any country wants to provide a better living standard to the citizens and wants to provide essential needs of living (i.e. food, clothes and shelter) to every citizen, a country should be capable and have strong economic development.

If economic development is up to the mark, the living standards would be improved automatically. Through stable economic conditions job opportunities will be created, circulation of money in the market will take place in a suitable manner. I think if any country puts all the focus to improve the standard of living through economic development, citizens of that country will have to work hard and have to spend most of their time in their work and as a result, the social value and social life of the people will cut off. Because economic stability comes in result of impressive hard work, and one should sacrifice something in order to earn another thing.

I personally believe that economic development is the best and most appropriate option for good living standards and the advantages of that development always outweigh the disadvantages. Economically developed nations do not suffer from social moral and social bonding. Rather, it is deteriorating in countries where economic development is yet to achieve.

In conclusion, economic development is the most important part of a nation’s progress, and it does not mean that the development will degrade the social values.

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Over the last few decades, many countries are aggressively involved in improving the economic condition and uplifting the living standard of the people. Whereas, on the other hand, there are also people who believe that in the race of improving the living standard, people are neglecting the social values. I also believe that people nowadays are more concerned about possessing materialistic success which has overshadowed the need for social values.

Countries and people are competing with one another in order to achieve success in jobs, business, and politics. However, in the competition of “who will come first”, they have outweighed the importance of social value such as love, humanity, service, compassion etc. Economic development has helped people to access latest technologies, possess wealth and medical services but along, ith that they are losing social values. 

Nowadays, people have good modern medical facilities but side by side they also have lots of diseases such as high blood pressure, diabetes, depression etc. Even rich people are unhappy in their lives and lots of teenagers are tends to commit suicide because they are lonely and do not have supporting families, friends and societies who can encourage them.

In addition, people have car and vehicles to save their travelling time, cellular phone to talk with people from one country to another country, internet services to connect with people; thus, they do not have time to enjoy with their families and friends. People are so busy these days that they don’t even bother to know what is going in their neighbour’s life.

In conclusion, economic development along is not enough to satisfy human need thus, social values are as equally important as possessing economic development and improved living standard. In order to maximise the quality of life, people should not outweigh the social values.

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It is perceived by most countries that by developing their economy, the living standard of their people could be improved, but there are those who believe that economic growth could result in loss of social values.

It is certainly true that countries with developed economies have improved their people's lives because of their advanced standard of public services such as health and education. Improved health care can improve the quality of life through treating diseases and increasing people's life expectancy. Also, increased educational standards can give the population a greater diversity of skills and literacy. This enables greater opportunity and freedom. In my knowledge, I have learned that education is seen as an important development of welfare and happiness.

However, while we can obviously see the benefits of a developed economy, there are other people who perceive that this could lead to losing of social values. It means that with higher economic growth, this may result in longer hours of work. Then working parents would not have enough quality time to spend with their children. Hence, children will tend to emulate their bad influence peers and eventually involve to an antisocial activity or juvenile delinquency, for instance, the unguided young teenagers, mainly African and Caribbean Americans in New York City in the 20th century.

In conclusion, I certainly believe that through developing national economy, it will give people a better quality of life. Although it could affect families negatively, this would be just a little impact compared to the many benefits it could give to its society in terms of health and educational services.

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Economic development has undoubtedly improved the standard of living in many countries, yet it is often claimed to cause the erosion of certain social values. In my opinion, while there are notable advantages to this situation, they are outweighed by the drawbacks.

There are certain reasons to justify the gains of this development. Firstly, a better quality of life powered by economic growth can encourage people to leave behind social values that are considered archaic or discriminatory. Improved economic conditions, for instance, have proven to universalize educational opportunities, enabling women and girls to learn alongside men, which was hardly possible in pre-industrial societies due to the scarcity of resources. Furthermore, a loss of certain social values might be compensated by higher economic stability and social mobility, all of which are fundamental indicators of happiness. By having financial security and clear opportunities for advancement thanks to economic progress, people could lift themselves out of poverty and become fulfilled without holding on to intangible values.

The drawbacks of such a situation are substantial and often weightier than the advantages, however. As societies become wealthier, there is often a shift towards individualism and materialism, which can weaken family bonds and community cohesion. The pursuit of career success and financial gain, for example, can lead to people spending less time with their families, thereby diminishing the importance of familial relationships. Economic development, furthermore, powers rapid urbanization, which can erode traditional cultural icons and values alike. As cities expand, increasingly more people migrate to them in search of better opportunities, which might lead to historical sites being replaced with modern infrastructure. A loss of cultural identity, thus, is likely to happen, as local people may feel as though they were in a foreign land.

In conclusion, while economic growth is capable of propelling living standards, I believe that the disadvantages from the erosion of some social values clearly overshadow the benefits. To avoid undermining the stability of communities, governments and communities should strive to preserve the cultural heritage and unity besides development.

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Economic development has played an important role in improving the standard of living in most countries. However, this progress has come at the expense of certain social values. While economic development can help make a place more comfortable for the people already living there, it actively plays a major role in causing a loss in social values. Therefore, according to me, the disadvantages of this phenomenon outweigh the advantages.

Economic development, that primarily happened through industrialisation and globalisation, has brought numerous benefits to people. It has created job opportunities, thereby reducing unemployment and poverty. For instance, because of rapid industrialisation in China, millions of people were lifted out of poverty. Furthermore, economic development also leads to advancements in infrastructure, healthcare, and education, thereby improving the quality of life for citizens. 

However, this economic progress also leads to the erosion of social values. Traditional customs and beliefs get abandoned in the pursuit of modernity. For example, in many developing countries indigenous languages and cultures are being replaced by Western languages and lifestyles for economic benefits. Moreover, economic development often increases in consumerism causing societal issues such as materialism and environmental degradation. It can also stifle individuality and creativity, preventing people from discovering their true selves and potential. In addition to this, there can be a loss of personal identity as people may feel compelled to adopt the attitudes, behaviours, and tastes of their peers, even if they conflict with their values and beliefs.

To conclude, while economic development undoubtedly plays a role in enhancing living standards, it also brings about the erosion of values. The drawbacks such as encouraging behaviours that contribute to health problems, suppressing individuality, and intensifying academic pressure outweigh its benefits. Therefore, it becomes imperative for nations to find a balance between progress and the preservation of values to ensure sustainable and inclusive growth.

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Most countries, around the globe; deem economic development as the best tool for improving their living standards; however, there are people who believe that economic growth leads to the loss of social values. In this essay, I am going to shed some light on the advantages and disadvantages of economic development.

It is certainly true that developed countries have improved people’s way of living by providing enhanced standard of public services: health and education. Improved health care helps in increasing people’s life expectancy by treating dangerous diseases. For instance, Obama Care, in America, provides better medical facilities to its citizens and also does research and development for discovering better and cheap medicines. Furthermore, improved educational standards can give the people a greater diversity of skills and a broader mindset. To exemplify, in my knowledge, I have learned that education is accounted an important medium for prosperity and happiness of a nation.

However, every coin has two sides and despite all the advantages of developed economies, there are some disadvantages too. People argue that this could lead to the loss of social values because higher economic growth is directly proportional to long hours of hard work. Its first negative impact will be that the hard-working parents will not be able to spare precious time for their children; hence, children will eventually get involved in anti social activities. For instance, the children of African Americans in New York city are under the influence of criminal activities since their parents are too much occupied in their work.

In conclusion, I believe that focussing on economic development has a little negative impact on families as compared to many benefits it can give to its societies in terms of quality health and education.

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In contemporary society, the issue of nations resorting to economic growth as the key driver of better living standards has prompted a passionate debate amongst citizens in many parts of the world. While some believe that this is an ultimate development, others contend that this could lead to a loss of numerous essential social values. This essay will delve into both the advantages and disadvantages of economic development, ultimately arguing that its detrimental impacts overshadow the benefits offered.

It is undeniable that a country’s economic growth can be seen as a part of increasing prosperity for individuals and creating a better quality of life for its citizens. As a matter of fact, not only basic needs such as food or shelter but also other luxuries like travel or entertainment could be fulfilled thanks to sufficient financial resources. Nevertheless, economic advancement also comes with adverse effects on traditional values. When people strive for financial success, they often find themselves entangled in a fast-paced race of fiercely competitive markets, sacrificing meaningful time with their family and friends. For example, over 80% of American white-collar workers admitted in a public survey in 2010 that they often worked overtime and missed several precious moments with their loved ones just to seek financial security. As a result, familial bonds considered as the key traditional value are often neglected seriously.

In addition, the issue of people focusing primarily on acquiring material possessions negatively affects social values. Excessive consumerism, for instance, resulting from economic growth plays a significant role in environmental degradation. The more financial achievements are gained, the greater the consumption of goods and products. It can be easily seen in developed and developing countries, the trend of fast or disposable fashion has recently gained in popularity.  Consequently, environmental resources are exploited without regard for sustainability, leading to ecological damage. 

In conclusion, even though economic advancement may superficially promise enhanced living standards, there are more challenges arising from losing traditional and social values owing to this development than benefits. 

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Nowadays, economic development has become a crucial factor in improving the standard of living in most countries. However, this progress comes at a cost, with certain social values being compromised. This essay will argue that the advantages of this phenomenon outweigh the disadvantages.

On the one hand, it is undeniable that economic development can lead to the loss of certain social values. In the pursuit of financial prosperity, important considerations such as environmental impact and community cohesion can be neglected. Moreover, individual freedoms and rights may be infringed upon. As a consequence, moral hazards can arise, and social classes can become divided, leading to conflicts within society. For instance, South Korea's implementation of the 'four rivers project' prioritized economic growth but resulted in environmental damage and social discord.

On the other hand, the prioritization of improving the standard of living has its own merits. Financial stability is a fundamental requirement for individuals before they can truly engage in discussions about values. Numerous surveys in South Korea have highlighted that people consider financial stability as their top priority, followed by other social values. Furthermore, focusing on a specific goal allows groups of people to work towards achieving it more effectively. Ultimately, when a government places the improvement of people's quality of life as a priority, it can lead to overall satisfaction for its citizens.

In conclusion, although the pursuit of economic development may result in disadvantages such as the loss of social values, the benefits clearly outweigh the drawbacks. Financial stability is vital for individuals and society to thrive, and by prioritizing the improvement of living standards, governments can ensure the satisfaction and well-being of their people.

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Many individuals claim that this trend has led to the loss of traditional values. However, economic progress has helped many impoverished people escape poverty and given the public a better materialistic lifestyle. I don't quite concur with this viewpoint. I believe that this tendency has more benefits than drawbacks, which are largely controllable.

Firstly, economic growth has numerous positive effects. First off, it lessens poverty and raises living standards. More work chances are being created as the economy expands. The proceeds from employment can raise people's standards of living and assist society in escaping poverty. Additionally, if a person can afford the fees, they can receive an education. People learn a range of knowledge in numerous sectors through education, and they also learn how to apply that knowledge for a better world.

However, there is no disputing that some traditional values are disappearing as a result of the materialistic lifestyle that economic progress has brought us. For instance, once their fundamental requirements are met, people often want more opulent possessions without truly appreciating what they currently have. Nowadays, a lot of kids think that having a smartphone is just something that everyone does. Humans also believe that everything, including friendship and love, can be purchased with money when living conditions rise. It is challenging for us to establish genuine relationships or trust others when society changes to this extent. However, by instilling moral principles from a young age, the social ideals can be restored / safeguarded.

To sum up, society should grow its economy because it offers enormous advantages including a better quality of life and the opportunity to pursue education. Giving value education at a young age helps reduce the chance of losing social value.

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People's ultimate ambition is to live at a high standard of living. We're all trying our best to maintain our comfort and tranquility. Governments work to meet the needs of their people and give them access to all kinds of opportunities for advancement. The economy needs to be strengthened to accomplish this.

This has benefits and drawbacks just like everything else. The economy should be developed for numerous reasons, not just to raise living standards. For example, it may have a positive influence on the nation's politics, culture, and military might.

Certain people approach this issue from a different angle and think that there are some downsides to the economic progress made to raise living standards. First and foremost, it is preferable for governments to focus on providing the basic necessities for its citizens. These include food and medication, before considering offering a lot of spare time and a comfortable standard of living. Another explanation, in their view, is that things are simple. Especially if they weren't paid for by the people's taxes, the populace might not behave well toward government-built facilities. As they are convinced that the community will change, people's morals. These will be accompanied with such honesty and truthfulness will change. In addition, families won't regularly get together. And the sense of help and support can eventually disappear due to the availability of many things to all people. They also believe that social values may be impacted by such development.

For the benefit of their inhabitants, I believe it is crucial for nations to expand their economies. I think that the benefits of an improving economy will have a big, good impact on society. Also, the advancement of the nations will be the usual outcome of this development.

Last but not least, governments and the relevant regulatory bodies should work to strike a balance. This can be between increasing population income and preserving local customs and traditions while preventing any disruption from outside cultures.

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Any country that wants to grow economically has to do so since its residents' daily lives will be greatly impacted by its economic situation. The improvement in national living standards is closely related to economic progress. Every nation must be capable and have strong economic growth if it hopes to raise the standard of life for its people. And ensure that they have access to basic necessities like food, clothing, and shelter.

The level of life would inevitably increase if economic growth is effective. Jobs will be produced as a result of stable economic conditions, and the market will function properly as far as money circulation goes. I believe that if a nation focuses solely on enhancing its citizens' quality of life through economic development. Thus, its citizens will have to put in a lot of effort and devote the majority of their time to their jobs. This will have a negative impact on the nation's citizens' sense of social value and social life. Since one must make a sacrifice in order to obtain something else, economic stability is the outcome of extraordinary effort.

For a high level of life, in my opinion, economic growth is the finest and most appropriate alternative. And its benefits almost always outweigh its drawbacks. Social morality and social ties are not a problem in economically developed countries. Instead, it is getting worse in nations that haven't quite reached full economic growth.

In conclusion, the most crucial aspect of a country's advancement is its economic growth, which does not imply a decline in social ideals.

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It is argued that in course of economic growth some essential social values get damaged, despite an increase in quality of life. Since the beginning of human history people have adopted a goal to have a wealthier and happier life. However, these two do not always come together and sometimes they even contradict each other. In the next two paragraphs of this essay, I shall discuss pros and cons of economic development from perspective of social values.

Benefits of economic progress are undeniable for many reasons. Firstly, common welfare is one of the indicators of humans' satisfaction. From my own observations, I can tell that people are happier and more proactive during times of economic prosperity, compared to the period of the financial crisis, such as the Global Crisis of 2008. Secondly, there is a direct link between poverty rates and frequency of law breaches. For example, as per official statistics of New York Police, Bronx has been recognized to be both one of the poorest and the most criminal counties of the city.

From the other hand, while chasing material benefits people often forget about social and humanistic values. In other words, the more emphasize people make on earning money, the less attention they pay to social aspects of life. It is a usual practice for those living in urban areas to gradually replace human interaction with more and more hours spent at work. As a result, they become antisocial and serve a poor example to the younger generation, forming an ever-evolving cycle. Various studies have shown that people, who live in metropolitan areas are more depressed, than those living in smaller towns.

To conclude, every issue has more than one sides, and this matter is not an exception either. However, after consideration of both advantages and disadvantages of the influence that economic development has on the social part of our lives, I can state that in my opinion the benefits overweigh drawbacks.

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