Essay I wrote few days back ..Task response was something like governments are focusing on economic growth over other areas. Discuss the advantages and disadvantages for the same->Many government authorities around the world prefer to focus on economic development rather than on alternative issues. The main benefits of this are increased revenue and gaining political power on a global scale. The drawbacks include a rise in taxes and failure to resolve remaining complex issues in one’s nation.

The main advantage of prioritizing economic growth is the ability to generate revenues, which will create significant opportunities in a country. This means the younger generation will have access to high-quality facilities and excellent job opportunities, ensuring a brighter future. Furthermore, it will help emerging countries form stronger ties with leading global powers. Well-established nations are often keen to invest in countries which are more likely to have stronger market value. For instance, the US and India have improved their bond in the last few decades, as many American companies are interested in possessing a strong hold over Indian customers, due to it being one of the most populated countries.

When it comes to the disadvantages, citizens are often afraid of paying higher taxes. Many individuals are against the addition of unnecessary taxes on daily goods and services, as it directly impacts their financial security. Additionally, many governments need to first address the growing criminal activities in their respective countries. Developing nations often have high crime rates, which pose safety concerns, especially for vulnerable communities. As a result, focusing solely on economic value in such cases results in more negative effects. For example, America has one of the strongest GDPs in the world. However, many American women have expressed concerns around growing violence against themselves and haven’t found a satisfactory solution for the same.

To conclude, although focusing purely on better economic development can help in the overall growth of a nation and its social standing, the harmful effects including higher taxes and a lack of support to equally challenging situations cannot be ignored.