Economics

Uneconomic Growth

Uneconomic Growth

The rate or kind of economic growth could have important consequences for the environment. Uneconomic growth, in human improvement theory, welfare economics ( economics of social welfare), and several forms of environmental economics, is economic development that reflects or creates a decline in the caliber of life. Concerns about possible uncomfortable side effects of growth around the environment and culture led some to help advocate lower levels of growth, from which comes the concept of uneconomic growth, and Green parties which argue in which economies are a part of a global culture.