Most Countries Want To Improve The Standard Of Living Through Economic Development | Band 7 IELTS Essay Sample

Most countries want to improve the standard of living through economic development; however, others think the social value is lost as a result. Do you think the advantages of economic development outweigh the disadvantages?

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Band 7 IELTS Essay Sample

While economic development has lifted many poor people out of poverty and brought the public a better materialistic lifestyle, many people contend that this trend cause the loss of traditional value. I do not quite agree with this view. I am of the view that this trend has more merits than demerits which are manageable to a great extent.

On the one hand, many benefits are brought because of economic growth. Firstly, it reduces poverty and improves the quality of life. While economy grows, more job opportunities are being generated. The income from jobs can help the society escape poverty and people can have a better standard of living. In addition, people can have access to education when they can afford the tuition fee. Through education, people gain a variety of knowledge in many fields, and learn how to use it for a better world.

On the other hand, there is no denying the fact that some traditional values are deteriorating because of the materialistic lifestyle brought on by economic development. For example, after meeting basic needs, people tend to pursue more luxurious items without cherishing the things they have already owned. Many children nowadays consider smart phone as a common stuff they should own. Additionally, with greater standards of living, humans think that everything can be bought with money, even friendship and love. When the society becomes like this, it is hard for us to trust others or build a true relationship. However, the social values can be restored / protected by imparting moral lessons from an early age. People can cultivate the correct moral values and stick to those principles even though the society may be changing.

To conclude, the society should develop the economy because it brings immense benefits, such as improved quality of life and chance to acquire education. As for the risk of losing social value it can be prevented by giving value education from an early age.

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