It has been so prominant that states take in concedration the growth of econimics and neglict other aspects. This essay will demonstrate the advantages of such approch which are chiefly; prpviding nation with power and maintain a stable life for citizens while disadvantages are the overlooking of social issues and the underfunding of non-profit instituations.
One benefit of maintaining an upword economy is that nation gains powe and domination over other parts of the world. Furthermore, nations with dominate market shares have the previlage of contraling global market. Secound advantage is people living in countries that are economically prosperous usually sustain a stable life and can afford most baisc nesscessites. For example, in Saudi Arabia the figurs of poor people is much lower that other developing countries.
However, a huge drawback can be clear through observing the secrificies needed in order to maintain econimcal increase. To illustrate, developed countries demand hard and cosistant work from the mumbers of working class with no regard for their complains and concerns. Similarly, with that school of thinking many charities and non-profit establishments recive no support from governments. That is the reason why the number of charity groups is decreasing steadly, given the lack of funding most of them fail to carry out its activities.
In conclusion, as more nations are adopting the approch of solely foucing on econmical growth although this might give citizens financial stablity and grant states control over global markets, many social problems are being overlooked and many non-profit groups shut down.