The progress of the country is not only determined by economic aspects but also by numerous aspects for instance health, infrastructure, tourism, education military sectors, and so on. This essay explains the point of view on economic and non-economic progress in a country.
Economic aspects are one of the essential things that need to be focused on the country. Economic circumstances can be seen as Gross Domestic Product (GDP), Income per capita, national liability, and national assets. The house believes that prosperous countries have a higher purchasing power than poverty countries. If the country does not have strong purchasing power, it will not be able to meet the needs of the country. To give an instance, A poverty country does not have any income while the balanced sheet is minus. Therefore, its country can not enhance the infrastructure facilities.
To complementing progress of the countries, non-economic sector should not be neglected. Human resource for example. Without a capable human resource, government does not have excellent capability to manage the country’s assets. Hence, education is non-economic that should be focused particularly in poverty countries. Education has a significant role to incline the understanding and solving the problems. Through the education, government can apply suitable policy for its residents. For example, while Greece as developed country has a abundant resources, It became bankrupt country several years ago.
Non-economic sectors as essential as economic sector in a country. Enhancing economic sectors while neglecting non-economic might cause declining of the country. Thus, either developed or emerging countries should work on economic and non-economic sectors.
