The Economic Vs. Environmental Growth Debate - 1408 Words

The economic vs. environmental growth debate has been a topic discussed in America for quite some time. The perfect example of this is the decision is whether America should to drill onshore for oil rather than importing their oil. Many believe that there is a relationship between the two. As the economy grows, the environment takes a knock. Some argue the need to stop economic growth and focus more on the harm that is being inflicted on the environment. As we drill onshore for oil, we are able to create more jobs for our country but at the same time it affects our environment in a negative manner. As the largest consumer of oil, continuing to import can become costly and we may become too dependent on other countries (Telegram, 2014). The question remains, can our nation improve without economic growth? Can we continue to grow our nation with continued dependency on other countries? Do the benefits of drilling onshore for oil outweigh the negative environmental affects? There have been many arguments showing the pros and cons of the tactics it takes to obtain economic growth. There are many pros when it comes to economic growth. Economic growth has the capability to improve the standard of living. Economic growth is caused by an increase of goods and services being produced and sold. Another benefit of economic growth is a decrease in the employment rate. As companies invest more, it will lead to more jobs being available which will dramatically help the unemploymentShow MoreRelatedAnalysis Of The Article For The Life Worth Having 1550 Words   |  7 Pagesconference titled â€Å"For the life worth having†, held last November in Whanganui highlighted the link between economic and environmental health in the small regions and centres of New Zealand. 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One view is that the first world is making an unethical political decision to send its e-waste problem to pollution havens i.e. third-world countries with less stringent environmental standards. Electronic goods consist of highly toxic substances such as lead, chromium, mercuryRead MoreA Review of ‘Strategy as Stretch and Leverage2235 Words   |  9 Pagesand C.K. Prahalad This review will focus on the article ‘Strategy as Stretch and Leverage’ by Gary Hamel and C.K. Prahalad (1993). This review will identify the arguments made in the article and then place it within the context of one of the key debates in strategy academia. The review will then investigate the underlying assumptions made and evaluate the strengths and weaknesses of the article. The main argument of the article is that companies focus too much on evaluating their environment and