Economic Growth and Environmental Problems

Economic Growth and environmental problems
The industrial revolution, which began around 1750, ushered human beings into a new era of modern civilization. While the remarkable progress in science and technology has improved people's lives greatly, our earth is changing and the environment around us is becoming worse and worse. According to Booth (1991, p.552), the" long-run economic growth relies on the creation of new industries and new forms of economic activity, these new forms of economic activity create new kinds of environmental problems". …