why,in recent years , environment in considered as a partner of an economy?
Answers
Explanation:
Economists are interested in the environment to the extent it can ensure a continuous supply of goods and services to meet human wants and this seems to be the intent of the Brundtland Commission's definition of sustainable development, which makes no specific mention of the environment: 'development that meets the
Answer:
The links between the economy and the environment are manifold: the environment provides resources to the economy, and acts as a sink for emissions and waste. Natural resources are essential inputs for production in many sectors, while production and consumption also lead to pollution and other pressures on the environment. Poor environmental quality in turn affects economic growth and wellbeing by lowering the quantity and quality of resources or due to health impacts, etc. In this context, environmental policies can curb the negative feedbacks from the economy on the environment (and vice-versa). But how effective they are and whether they generate a net benefit or a net cost to society is the subject of much debate and depends on the way they are designed and implemented.
Explanation:
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