In some ways I agree the economic growth can be desirable, however there can be some negatives towards it.
My first point is that economic growth can lead to an increase in standard of living, this is clearly a good thing. tho scan be seen in China, over the last 20 years china has seen some massive economic growth which has brought thousands out of poverty. If standards of living are increased then disposable income also increases which leads to an increase in consumer spending. If more people are spending money then the economy grows. Secondly economic growth can lead to an income rise And income rise can also lead to an increase in disposable income. Therefore bot these points lead to an increase in consumer spending and also an increasing aggregate demand, leaving real national output to increase.
The benefits of economic growth for all economies and especially LEDCs are increased employment, reduced poverty and a high standard of living. These events occur because as AD increases, more factors of production, most notably labour are needed to produce goods and services for the economy. When this occurs on a large scale unemployed workers shift into employed. This is beneficial as governments provide less social security for the population so they can spend more money on public services. As a result of increased government spending, the quality of services such as education, health and shelter will become better hence improving the standard of living. Previously unemployed workers will also now be able to afford high quality essentials. Another way it can be seen as desirable is through the happiness that higher living standards brings the people of healthier economies.
A other hand economic growth puts strain on the environment and the negative externalities accrued such as pollution can damage the worlds health and economy. Pollution emitted from the