Economic development: A solution or cause of poverty? (Long)

Some say that economic development is the solution to poverty: others say it is the cause of poverty. What is your opinion?

Despite levels of wealth one side and development unparalleled in history, billions of people on our planet are still uneducated, poorly housed Other side, sick, inadequately fed or even starving as a result of poverty. Is this a result of economic development, or can a rising tide of economic development give all humans a basic standard and dignity of life? In this essay, I will ask if economic progress is only for one group Thesis: what the essay will do in our society.

It’s important to realize that economic activity alone is not enough Topic Sentence: Economic development does not always mean the end of poverty. to end poverty. In many poor countries, natural resources such as copper, oil or even land are being exploited Idea 1: companies are exploiting land and other valuable resources by local or foreign companies but with little benefit for the local people. Nigeria’s oil wealth and Zimbabwe’s diamonds are examples where money leaves the country or does not help the majority. Secondly, economic activity can have devastating consequences on the environment Idea 2:Economic development can mean environmental problems. Dam projects in India or the clearing of the rainforest can mean local people lose land and livelihoods. Furthermore, multinational companies are not tied to any country. Idea 3: multinational companies have no moral obligations to any country. Businesses move overnight and outsource to find even cheaper labor or resources, leaving unemployed people behind them.

However, we can’t go back to a Stone-Age existence Topic sentence: We cannot live without developing our economies of barter and living in huts. More people than ever have access to electricity Idea 1: benefits of development, clean water, good schools, and medicine than ever before. Clothes, electronic luxuries such as phones, televisions and computers are cheap. All these things have come about through business and trade. They have provided income for governments to improve the life of their people. Secondly, other systems have failed: Idea 2: Communism and protectionism have not worked very well when India and China opened their markets and allowed people to do business, millions of people were lifted out of poverty. And even in countries where companies pay low salaries or do not look after the environment, Idea 3: Even a poor salary is better than no salary there are more opportunities for workers. What seems like a sweatshop in China or Mexico may be a first step in building a modern economy.

In conclusion, we can’t live without economic progress. Conclusion One side (Opinion) All that we and our governments can do is try to make sure that it is in the interests of our society and our environment. Conclusion, future or recommendation.

373 words. The info below is not correct.

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3 comments on “Economic development: A solution or cause of poverty? (Long)
  1. sankar says:

    Pls send to me essay of biodiversity

  2. ALAA says: