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Does prosperity require economic growth

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Reference no: EM133293211

Principles of Macroeconomics

Comprehensive Learning Assessment

• Video: Prosperity Without Growth
• Article: Limits to Economic Growth
• Article: Life after Economic Growth

In this case study, you investigate the limits of Economic growth. You should reference the two articles provided on this subject above, the material in your textbook related to this topic and two more articles of your choosing. The results of this assignment should be reported in a 4-6-page, APA formatted paper. Please address the following questions in your paper:

Question 1: Can economic growth last forever?
Question 2: What are the main limits to economic growth?
Question 3: Does prosperity require economic growth?

Cite three (3) peer-reviewed articles not including your textbook.

 

Verified Expert

In this assignment, we discussed about economic growth, its limit, and why economic growth can't last forever at the cost of misusing natural resources.Many are apprehensive, claiming that environmental damage from economic growth has reached a critical point and cannot be sustained.What use is it to be guaranteed a job on a world that is incapable of supporting itself? The exploitation of resources from a finite environment with finite resources cannot continue indefinitely.We cannot continue extracting non-renewable resources indefinitely since their stocks are limited, such as mined minerals and fossil fuels, and we eventually run out of them.

Reference no: EM133293211

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