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In recent years some countries have experienced very rapid economic development. This has resulted in much higher standards of living in urban areas but not in the country sides. This situation may bring some problems for the country as a whole. What are these problems? How might they be reduced? During the last decades, the economy in many parts of the world has successfully flourished with an unprecedented speed, and though this is considered one of the main pillars of social development, the side effects of such an improvement is the subject of heated debated amongst a lot of critics. This short essay elaborates on the causes and some possible solutions to this controversial issue. Almost all governments are trying to improve the economy of their respected respective country, so that people can benefit from a higher standard of living. This is certainly a positive step benefiting both members of society and officials, but just like every other aspect of life this progress may has some undeniable drawbacks. Leading a charmed comfortable life, people who live in modern cities enjoy more facilities rather than those in the suburbs, but at the same time overpopulation, air pollution, and astronomically expensive cost of living are typical disadvantages of economic development. In spite of the problems the economic growth may cause to societies, scarcely do these plights prevent a nation from economic achievements. Perhaps, introduction of appropriate tax laws to distribution distribute of public revenue amongst the populace can bridge the gap between the bedroom community and urban areas. In other words, not only can legislation of proper laws accelerate the economic growth, but it also encourages people from all walks of life to turn the economic gears. To cut a long story short, that economic development can solve a wide range of people’s difficulties in almost all societies is an indisputable fact. Preventing a society to from developing from financial aspects can lead to irreparable damages, hence the importance of financial growth despite all its intrinsic plights. It is high time the experts found suitable solutions for the side effects of this priceless step which will indulge an overwhelming majority of people across the globe.