The cost of economic growth

 

The Cost of Economic Growth

In  Chapter 7: The Environment – Part II, Hite and Seitz (2016) discuss the  existing tension between development and the environment. Development  brings economic growth as well as social and environmental changes. To a  developing country, economic growth may be of a higher priority than  the consequences to the long-term health of its citizens or its  environment. On the other hand, poverty can also harm the environment  such as how searching for land to farm contributes to deforestation. 

  Do wealthy nations using the labor of developing nations have  responsibilities to the people and environment of that country? Why or  why not? Be sure to use examples of existing companies to support your  response.