The Cost of Economic Growth
Week 10 Discussion 10The Cost of Economic GrowthIn Chapter 8, “The Environment: Pollution,” Hite and Seitz (2021) 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, for example, when searching for land to farm contributes to deforestation.TASK A: 1) Discuss how wealthy nations use the labor of developing nations.2) Do wealthy nations (using the labor of developing nations) have responsibilities to the people and environment of that country? Why or why not?NOTE! Be sure to use examples from the Hite chapter readings regarding existing companies to support your response. Please remember to properly cite all credible sources including your chapter readings.