Economic Development Versus Loss of Social Values

Economic development is essential for any country because the economic condition of a country will Suggested change: have a major impact onhave a major impact on1leave a very heavy impact on Suggested change: its citizens’ daily livesits citizens’ daily lives2the daily routines of the citizens of that country. Suggested change: Economic developmentEconomic development3The economic development is directly linked to Suggested change: better living standards for its peoplebetter living standards for its people4the better living standards of the people of the country. If any country wants to provide a better living standard to the citizens and wants to provide essential needs of living (i.e. food, clothes and shelter) to every citizen, a country should be capable and have strong economic development.

If economic development is up to the mark, the living standards would be improved automatically. Through stable economic conditions job opportunities will be created, circulation of money in the market will take place in a suitable manner. I think if any country Suggested change: focuses entirely on improvingfocuses entirely on improving7puts all the focus to improve the standard of living through economic development, citizens of that country will have to work hard and have to spend most of their time Suggested change: at workat work8in their work and as a result, Suggested change: people’s social values and social livespeople’s social values and social lives9the social value and social life of the people Suggested change: will deterioratewill deteriorate10will cut off. Because economic stability comes in result of impressive hard work and one should sacrifice something in order to earn another thing.

I personally believe that economic development is the best and most appropriate option for good living standards and the advantages of that development Suggested change: outweighoutweigh15always outweigh the disadvantages. Economically developed nations do not suffer from social moral and social bonding. Rather, it is deteriorating in countries where economic development is yet to achieve.

In conclusion, economic development is the most important part of a nation’s progress and Suggested change: development need notdevelopment need not19it does not mean that the development will degrade the social values.