It is commonly believed that a country’s major issues are related to the economic cycle. I strongly agree with the assertion that, if the economic problems are solved then most of the major concerns would be addressed and resolved themselves. As unstable economic situation creates an imbalanced society, also elevates crime rate, poor law and order situation.
Economics plays an imperative role in any society, A society which has a balanced economic situation is likely to be more happy and prospering than the ones which have unstable economic patterns. The society in which there is a huge difference in individuals of wealthy and poor classes, it is quite likely that people have more hatred and grievances among them. There should be are more economic stabilities and policies which effect each person’s growth and income on equal bases. Thus attaining an equilibrium of financial flow among classes by enforcing taxes, donations and other such agendas.
Another important reason for my fundamental agreement is economic situation can be improved by provision of job opportunities in all big and small suburbs. By virtue of which the employment rate is increased and thus it will have its impression on the economic cycle. Furthermore, it will also assist in impeding the crime rate and thus attaining better law and order situation in any country.
From a recent study, it was concluded that a nation having a balanced society is like to be 68% more happier than a struggling country. It also stated and suggested many individual and government level reforms that can be taken to improve this cycle.
In sum, it can be stated that although there are numerous factors which contribute towards a nation development, growth and stability but economic perspectives play a significant role in it. By resolving this issues a society can be balanced and also would have better law and order situation.
