Some Civil Society Groups and Activists Propose a Zero-Economic-Growth Policy $\bullet$

question 55

Essay

Some civil society groups and activists propose a zero-economic-growth policy in order to preserve the environment.Write an essay to discuss the pros and cons of this proposal.You may wish to refer,among other ideas,to the following:
$\bullet$ Economic growth needs to compensate for the increase in population.
$\bullet$ If population becomes older,the number of active persons decreases; therefore,productivity must increase to sustain a high standard of living.
$\bullet$ An increase in standard of living is only possible if an economy becomes more productive.(Income per person is closely related to labour productivity.)
$\bullet$ It is hoped that economic growth will eventually eradicate poverty.
$\bullet$ Economic measures of well-being,such as GDP per capita,are imperfect mainly because they disregard external costs of economic activity,as well as other aspects of life that people value,such as leisure,fairness,and income equality.

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Definitions:

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A structured living situation or treatment program where individuals reside full-time to receive support for various issues, such as substance abuse or mental health conditions.

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Impaired articulation and unclear speech patterns, often a symptom of neurological disorders or intoxication.