Question

Read the following excerpt from an article that appeared in a local daily:-

One system, our economic system, based upon continuous growth through the extraction of

resources from the Earth, is putting dangerous stress on the ecosystems supporting life on our

planet.​

Answer 1

Answer:

Here are five ways the economy is failing people and the planet.

1. The tragedy of the commons

2. From linear thinking to non-linear reality - why discount rates do not work

3.Linear economic models do not work on a finite planet

4.The current economic model benefits the few at the expense of the many

5.Cost-benefit analyses no longer work for natural capital

Answer 2

Answer:

Refer the attachment

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