Vocabulary for IELTS Speaking & Writing Task 2: Economic Progress Topic
Vocabulary for IELTS Speaking & Writing Task 2: Economic Progress Topic
In this video, we’ll help you learn new vocabulary for this IELTS question:
Many governments think that economic progress is their most important goal. Some people, however, think that other types of progress are equally important for a country. Discuss both these views and give your own opinion.
We’ll explore advanced vocabulary as well as British pronunciation to help you respond effectively in the IELTS writing or speaking task.
In Part Two you’ll find a 5 minute video with the full vocabulary list with example sentences and British pronunciation. I’ve linked it here: Part Two
Download the PDF: For the full transcript of this video, including a complete advanced vocabulary list with definitions and example sentences: Economic Progress Topic
Here is the full transcript of the video:
Advanced vocabulary in bold and advanced verbs in italics:
Introduction
Many governments consider economic progress to be their most important objective, believing it to be the foundation of national strength, prosperity, and global influence. While I understand the importance of economic development, I personally believe that other forms of progress, such as improvements in education, healthcare, and the environment, are equally essential for a country's long-term success.
Body Paragraph 1 – Arguments in favour of economic growth
Supporters of prioritizing economic growth argue that it brings numerous benefits to society. A growing economy creates job opportunities, improves living standards, and generates higher tax revenues, which can be invested in infrastructure, education, and public services.
Body Paragraph 2 – Example of success through economic growth
Additionally, countries with strong economies are better positioned to compete globally and ensure political stability. For instance, nations that experience sustained economic growth often see a rise in employment opportunities. By developing key sectors such as manufacturing, technology, or services, attracting foreign investment, and investing in infrastructure, these countries can transform their economies. This transformation not only boosts employment rates but also leads to higher standards of living and significant reductions in poverty, showcasing how consistent economic growth can result in widespread prosperity.
Body Paragraph 3 – Why other types of progress are equally important
However, focusing solely on economic development can lead to negative consequences if other areas are neglected. Economic indicators such as GDP do not reflect social well-being, environmental quality, or public healthcare. In contrast, New Zealand, as an example, demonstrates a more balanced approach. While benefiting from economic growth, it also invests heavily in social policies, offering universal healthcare and promoting environmental protection. This ensures that economic success does not come at the expense of its citizens’ well-being or the environment. New Zealand's commitment to sustainability and social equity is a testament to the importance of balancing growth with broader societal goals.
Conclusion
In conclusion, while economic progress is a vital goal, it should not be pursued at the expense of other important areas. A truly developed country is one that balances financial growth with social development and environmental protection. Therefore, governments should adopt a more holistic approach when setting national priorities.
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