Nowadays all countries are in their developing stage. It helps to improve the quality of individuals life style especially economic development. This essay demonstrate that economic progress have more advantage for the living people in that country than the defects.
To begin with, economic growth helps people to get better infrastructure. Develop economically increase the possibility to build new hospitals, Colleges, Shopping malls, parks, schools and also seen the changes in transportation facilities. Firstly, Hospital facilities help people to get better treatment from better hospitals that not far away from their living cities. Secondly, Increase the number of education institutions support people to get desired education and mostly better transportation facility helps individuals to travel from one place to another place without any delay. For instance, 2023 united kingdom annual report says that economic development helps to increase the infrastructure facilities in that country. Moreover, people adopt new culture and it also change the life style of people.
To continue, economic growth adopt new culture to our country. Likewise, it leads to lost the traditional culture and social values from our country. traditional rituals are different in every country such as festivals, languages, dressing style and food are such different things that will change in our country due to the developments in the level of economic. it might be a reason for people forget all our traditional culture and social values.
To conclude, economic growth helps people to not only improve the life style but also it help to make better infrastructure and transportation facilities. Moreover these advantages outweigh the disadvantages such as loss of traditional culture and social values.