Does Economy Really Always Have To Grow? | The Blk Projek
Does Economy Really Always Have To Grow?
Climate change and the extinction of species pose huge problems for you. Many scientists say; you have to change the way you do business. Is that possible?
The economic system is based on growth
Everyone is talking about economic growth but what does that even mean? In short, it is about how much the value of all goods and services that have been produced in a country increases. This increase in value is measured over a period of one year. In an economic system, growth is a set quantity. If you look back a few centuries, it becomes clear where this comes from. As economic output grew, living conditions improved. Economic growth and wealth became an inseparable pair.