It is true that economic development plays an important role in reducing poverty in a nation. Therefore, some people argue that economic growth is necessay for betterment of life, while opponents believe that it should be stopped,as it has negative impacts on the environment.
To commence with, it is irrefutable that economic developments provide better employment opportunities for people, because it leads to new projects, industeries, and infrastructure, which require more emoloyees, workers, and labours to complete their targeted projects within specific time frame. As a result of this, people will earn high payrolls and achieve financial stability in their lives, which will be helpful to improve living standards of individuals. For instance, the previous generations were mostly engage in agriculture and farming related works due to lack of industeries and their living standards were below poverty line, but now the circumstances have changed with new manucaturing industries.
On the flip side, some sections of society assert that environment protection is main concern in today’s world. That is why, it should be the main concern of the goveronment, as econmic growth will lead to new indutries, waste, and more transportation, which might lead to pollution and severe harm to the environment. Moreover, it might also have negative impacts on people’s health and people will suffer from asthma, lungs cancer, and kidney failure due to air polution and contamination of natural resources.
To recapitulate, it cannot be denied that economic growth is mandatory to compitite in fast peaced world, but i believe that the goveronment should also consider about specific projects and new developments which will lead to negative consequences in environment.
