Orthodox or conventional economists say that to address unequal growth between the rich and the poor, the world economy needs to grow more. Do you agree with this idea? Why or why not? 2.What does the term “de-develop” mean? Is it a positive or a negative idea? 3. According to investopdia.com, a steady-state economy is an economy structured to balance growt h with environmental integrity, seeking to find an equilibrium between production growth and population growth. This type of economy aims for the efficient use of natural resources but also seeks a fair distribution of the wealth generated from the development of those resources. Is this type of economy more plausible than continued, unlimited economic growth? Why or why not?
explain
1.Orthodox or conventional economists say that to address unequal growth between the rich and the
poor, the world economy needs to grow more. Do you agree with this idea? Why or why not?
2.What does the term “de-develop” mean? Is it a positive or a negative idea?
3. According to investopdia.com, a steady-state economy is an economy structured to balance growt h
with environmental integrity, seeking to find an equilibrium between production growth and
population growth. This type of economy aims for the efficient use of natural resources but also
seeks a fair distribution of the wealth generated from the development of those resources. Is this
type of economy more plausible than continued, unlimited
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