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? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Your essay should comprise a minimum of 250 words.

A major number of countries consider economic development as a useful way to improve their living standard. However, this phenomenon leads to the loss of various important social values. I strongly believe that there are more advantages of economic development than drawbacks of that. On the one hand, several essential values can be lost as […]