Problem:
"The economy is a wholly owned subsidiary of the environment. All economic activity is dependent upon that environment and its underlying resource base of forests, water, air, soil and minerals. When the environment is finally forced to file for bankruptcy because its resource base has been polluted, degraded, decapitated and irretrievably compromised, the economy goes into bankruptcy with it. The economy is after all, just a subset with the ecological system." Gaylord Nelson
Required:
Question 1) For our first discussion, provide thoughts on the quote by Gaylord Nelson.
Question 2) Do you agree or disagree that "...all economic activity is dependent upon that environment and its underlying resource base ..."? Include examples with your comments.
Question 3) What implications does this quote have for business?
Explain the solution in detail.