Task 2: Some people say that economic growth is the only way to end hunger and poverty, while others say that economic growth is damaging the environment so it must be stopped. Discuss both views and give your opinion. Some people think that economic development is the only way to end world poverty and hunger. Others argue that economic development is damaging the environment and needs to stop. Discuss both sides and give your own opinion. Introduction : 1 refer to the first view 2 refer to the second view 3 my opinion -completely agree with the second view.
Academic IELTS Writing Task 2 Topic: World Economic Issues and Development model Essay
Economic growth Essays | effetticollaterali.info
The question is whether economic growth is the same as economic development. I am going to make fair points about them and decide whether they are the same. Economic growth refers to the rise in the value of everything produced in the economy. It alludes to a considerable rise in a per-capita national product, over a period, i. Economic growth is often contrasted with economic development, which is defined as the increase in the economic wealth of a country or a particular area, for the welfare of its residents.
Essays on Economic Growth. Essay examples. Financial inclusion is emerging as a new standard of economic growth that plays major role in driving away the poverty from the country. It refers to delivery of banking services to masses including privileged and disadvantaged group of people at an affordable terms and conditions
Here is a video taking students through a suggested answer to this 25 mark essay question. Growth comes from an expansion of both the quantity and quality of factor inputs reflected in higher productivity and the growth-enhancing effects of innovation. For developing countries, sustained economic growth is crucial for reducing extreme poverty and improving basic living standards.