Economic growth has helped to improve standards of living all over the world.
However, some research shows that people in developing countries are happier
with this trend than people in developed countries. Explain why you think this is. ielts result
Developments in the global economy mean different things to different people. To
some, recent growth may be coupled with a rise in standards of living, and thus seen
as positive. To others, this growth brings with it increased global competitiveness,
and is thus seen as negative. These particular opinions are thought to reflect the
results of recent research indicating more satisfaction with global growth among the
developing world than the developed world. Both sides will be analyzed in this essay.
It is easy to understand why global economic growth is welcomed among developing
countries. In China, for example, young people today have vastly more developed
lifestyles than their parents or grandparents. Today many Chinese people consume
luxury goods, an ability not possible 30 years ago. From this example, it is easy to
understand why people in developing countries see current global economic growth
as a reason to be happy.
However, the economic rise of developing countries makes for more competition
among developed countries. For example, microprocessor design, a field once
dominated by countries with highly developed education systems, is now an area
developing countries are making serious inroads into. Because of this, the once
technical giants of the developed world are now seeing their market share decline.
This example makes it clear why developed countries are not entirely happy about
the economical growth of developing countries.
It is felt the above reasons explain why research results indicate the opinions of
developed and developing countries contrast. These viewpoints are not expected to
change much into the foreseeable future.
Economic growth has helped to improve standards of living all over the world.
However, some research shows that people in developing countries are happier
with this trend than people in developed countries. Explain why you think this is. ielts result
Economic growth has helped to improve standards of living all over the world.
However, some research shows that people in developing countries are happier
with this trend than people in developed countries. Explain why you think this is. ielts result
Economic growth has helped to improve standards of living all over the world.
However, some research shows that people in developing countries are happier
with this trend than people in developed countries. Explain why you think this is. ielts result
Economic growth has helped to improve standards of living all over the world.
However, some research shows that people in developing countries are happier
with this trend than people in developed countries. Explain why you think this is. ielts result