A Leading Environmental Group Recently Published a Report Contending That

question 91

Multiple Choice

A leading environmental group recently published a report contending that humans are running a "resource deficit" because we are using natural resources faster than they can be regenerated.The group claims that this means that economic growth will eventually stop,and will even be reversed.An economist would

• A)agree with the report,and would point to rising natural resource prices as evidence.
• B)agree with the report,but wouldn't think it was important because growth will not slow down for several centuries.
• C)disagree with the report,in part because it ignores the mitigating effects of technological change.
• D)disagree with the report because labor and capital are the primary determinants of growth,and since they are plentiful,growth will not slow down.

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Definitions:

Survival of Society

The ability of a society to maintain itself and continue existing through adapting to changing conditions and challenges over time.

Ability and Talent

Natural aptitude or skill possessed by individuals, often seen as the innate potential that can be developed through practice and learning.

Social Stratification

The hierarchical arrangement of individuals or groups in society based on wealth, power, prestige, or other status indicators.

Kingsley Davis

A prominent American sociologist and demographer known for his theories on population and societal development.