Discussion Post: The Costs of Economic Growth and Environmental Impacts on the Future
Part A: The Costs of Economic Growth
Economic growth is a goal of many economies; however, this does come at a cost. What are the effects of pursuing economic growth while not focusing on the environmental effects of these policies? In the United States, our living standards are much higher than most countries, but does this come at a cost? What are the future implications of pursuing economic growth on the environment and our resources?
Part B: Environmental Impacts on the Future
Future generations lack the ability to cast votes in elections or provide monetary support in the market. Given this, what are the problems associated with not focusing on the environmental impact of the scarcity of our natural resources as they are ignored in a market economy? What are possible solutions that the government could undertake to help future generations?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.
Required Resources
Text
• Tietenberg, T., & Lewis, L. (2012). Environmental and natural resource economics (9th ed.). Upper Saddle River, NJ: Pearson Addison-Wesley
o Chapter 20: The Quest for Sustainable Development
o Chapter 22: Visions of the Future Revisited
Multimedia
• T. (Interviewee). (2009, December 28). Rebuilding America and its energy policy [Motion Picture].