ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Positive
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Negative
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Either A or B
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None of the above
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Detailed explanation-1: -Consequences: Soil erosion, Global Warming caused by the rise of greenhouse gases-Extinction of species and loss of biodiversity. Flooding and drought.
Detailed explanation-2: -In short, raw material extraction and processing always impact on the environment, resulting as they do in soil degradation, water shortages, biodiversity loss, damage to ecosystem functions and global warming exacerbation.
Detailed explanation-3: -The environmental impact of economic growth includes the increased consumption of non-renewable resources, higher levels of pollution, global warming and the potential loss of environmental habitats.
Detailed explanation-4: -Rising Prices: When natural resources become scarce, food, fuel and energy prices rise. Even the price of renewable resources increases if they need to be shipped to reach areas where these have been depleted. Water Shortages: When infrastructure development and population growth increase, water shortages occur.