The Environmental Kuznets Curve - What is it?
A graphical illustration of the notion that, with economic development, environmental conditions deteriorate at first, but then improve. The Environmental Kuznets Curve is hypothesized to be true because economic development changes people's priorities from existence to amenities. As people increase their wealth they begin to care for the environmental conditions in which they live and they also have the technological developments to deal with the problems.
Do you believe that the Environmental Kuznets Curve is a representation of what happens in the real world?
Friday, October 16, 2009
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