Is faster economic growth always a good thing?Argue the case for and against faster growth and then conclusion

Question

I need full explanation please .

Answer 1

Shame on you. We can give you some ideas, but you'd better argue them for yourself and come to your own conclusions.

In doing so, consider some of the following points:

- Continuous growth forever is impossible. Do we want ignore this? crash? plan for a transition to stability?

- The problems we are having with global warming, increases in obesity and related diseases, species extinction, etc. are all due economic growth, so there are clearly costs as well as benefits.

- For every other biological parameter - oxygen, water, food, temperature, etc. - there is a optimal range: too little is bad, but so is too much. What are the implications for our man-made environment?

Economic growth beyond the simply linear in the number of people working requires that each individual be more "productive". This, in turn, has meant both greater mechanization of work and a greater increase in the scale of organization. How well are human beings equipped to handle those changes?

- More people need more food, etc.

- People who know practice basic sanitation practices, have healthy diets, etc. live more healthy lives. But more people (as a percentage of the total) also live long enough to suffer from dementia, etc.

- Some issues are clearly shorter term; others are clearly longer term. Make your criteria explicit.