Economic growth and development are usually considered to be beneficial both for individuals and for society as a whole.
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.
You should write at least 250 words.
Individuals as well as societies often considered to be benefited from the economic growth and development of a country. In my opinion, economic development in a country brings lots of advantages such as decrease in inflation, competition, jobs, security, entrepreneurship, foreign investment and lot more.
First of all, On macro level economic development happens when more and more companies start investing in a country through expansion, amalgamation or buying outs. It also attracts direct foreign investment in the form of foreign companies doing business with local companies. Additionally, economic development helps in creating more exports than imports. For instance, Economic condition of Pakistan has significantly after the start of CPEC project as it attracted billions of foreign investment and created thousands of jobs in the country. Another example is India, emerged as world's one of the largest growing economy with the population of 1.25 billion.
Secondly, on a micro level economic development and growth directly benefits each and every citizen in number of ways. Firstly, there would be less inflation and people enjoy high buying power. Secondly, it will create more jobs and competitions additionally, it will diminish gap between poor and rich. One such example is United States that has the largest GDP in the world with a nominal GDP of 21 trillion USD and GDP growth rate of 1.7% followed by china and Japan.
In conclusion, advantages of economic growth supersedes its disadvantages. Economic development and growth is the integral and vital part of a country's progress and prosperity. Without economic development country would go bankrupt with no apparent future.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-11-27 | coolchris2100 | 89 | view |
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Transition Words or Phrases used:
also, first, firstly, if, second, secondly, so, well, for instance, in conclusion, such as, as well as, first of all, in my opinion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 5.0 13.1623246493 38% => More to be verbs wanted.
Auxiliary verbs: 4.0 7.85571142285 51% => OK
Conjunction : 15.0 10.4138276553 144% => OK
Relative clauses : 2.0 7.30460921844 27% => More relative clauses wanted.
Pronoun: 7.0 24.0651302605 29% => OK
Preposition: 38.0 41.998997996 90% => OK
Nominalization: 16.0 8.3376753507 192% => OK
Performance on vocabulary words:
No of characters: 1444.0 1615.20841683 89% => OK
No of words: 262.0 315.596192385 83% => More content wanted.
Chars per words: 5.51145038168 5.12529762239 108% => OK
Fourth root words length: 4.02323427807 4.20363070211 96% => OK
Word Length SD: 3.05503774736 2.80592935109 109% => OK
Unique words: 153.0 176.041082164 87% => More unique words wanted.
Unique words percentage: 0.583969465649 0.561755894193 104% => OK
syllable_count: 443.7 506.74238477 88% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 0.0 2.52805611222 0% => OK
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 18.0 20.2975951904 89% => OK
Sentence length SD: 38.5891493684 49.4020404114 78% => OK
Chars per sentence: 103.142857143 106.682146367 97% => OK
Words per sentence: 18.7142857143 20.7667163134 90% => OK
Discourse Markers: 9.35714285714 7.06120827912 133% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 1.0 3.9879759519 25% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.258725724582 0.244688304435 106% => OK
Sentence topic coherence: 0.0939092243538 0.084324248473 111% => OK
Sentence topic coherence SD: 0.069919716177 0.0667982634062 105% => OK
Paragraph topic coherence: 0.164755614834 0.151304729494 109% => OK
Paragraph topic coherence SD: 0.0556239389524 0.056905535591 98% => OK
Essay readability:
automated_readability_index: 13.9 13.0946893788 106% => OK
flesch_reading_ease: 44.75 50.2224549098 89% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 11.5 11.3001002004 102% => OK
coleman_liau_index: 14.68 12.4159519038 118% => OK
dale_chall_readability_score: 8.99 8.58950901804 105% => OK
difficult_words: 74.0 78.4519038076 94% => OK
linsear_write_formula: 11.5 9.78957915832 117% => OK
gunning_fog: 9.2 10.1190380762 91% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.