Reference no: EM133491977
Homework: Business Economic Growth and Sustainable Development Essay- The Benefits and Costs of Economic Growth
Length: 800 to 1200 words.
Purpose:
The purpose of the homework is to apply your knowledge of the costs and benefits of economic growth. This homework is based on Chapter 19 in Meyer's Everything Economic Book and on supplementary readings.
Description:
We studied concepts related to the sources of economic growth. This growth benefits society by advancing our well-being and improving our standard of living. At the same time growth has some very significant social and environmental costs. The paper homework for this course asks you to define and explain the sources of economic growth and to develop a proposal for an economic policy that would encourage and promote each source of growth. The homework also asks that you provide examples of some of the costs of economic growth and polices to help reduce those costs. First, review Chapter 19 and the fellow file attached file:Cons Econ Growth & Sust Dev_Smry.docx
You may read other articles as well and include them in your bibliography.
Using these resources:
Question I. Define the sources of economic growth and give an example of each of the sources of growth.
Question II. Propose one policy for each source of growth that could enhance or strengthen that source.
Question III. What are some of the downsides of economic growth? Give an example of apolicy that would help to reduce the negative impacts of growth.
Question IV. Finally, at the conclusion of your paper please include a brief statement reflecting on what you feel you have learned from the homework and how that learning may be applied to your life or work going forward.