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Passage:

 

Title: "Environmental Policies and Economic Growth"

 

In recent years, there has been an ongoing debate regarding the relationship between environmental policies and economic growth. Critics argue that stringent environmental regulations stifle economic development, leading to job loss and reduced competitiveness. However, a closer examination reveals that effective environmental policies can actually be drivers of sustainable economic growth.

 

One key aspect is innovation. Environmental regulations often necessitate technological advancements and the development of cleaner, more efficient technologies. This, in turn, stimulates innovation and creates opportunities for new industries. For example, the push for renewable energy sources has led to the growth of the green energy sector, generating jobs and economic activity.

 

Furthermore, a healthy environment is a valuable resource in itself. Ecosystem services, such as clean air, water, and fertile soil, are essential for various industries, including agriculture and tourism. Neglecting environmental protection can result in long-term economic losses due to the degradation of these vital resources.

 

Moreover, a commitment to environmental sustainability can enhance a country's global reputation. Nations that demonstrate a dedication to environmental protection are more likely to attract foreign investment and partnerships. This can lead to an influx of capital and expertise, further contributing to economic growth.

 

In conclusion, effective environmental policies and economic growth are not mutually exclusive. When designed and implemented thoughtfully, environmental regulations can serve as catalysts for innovation, protect invaluable natural resources, and bolster a nation's standing in the global economy.



 

Which of the following scenarios exhibits reasoning parallel to the passage?

 

Option: 1

 Stringent safety regulations in the workplace lead to reduced productivity and job loss.


Option: 2

 Strict immigration policies can deter skilled foreign workers, limiting a country's economic potential.


Option: 3

 Encouraging the use of public transportation reduces traffic congestion and promotes cleaner air.


Option: 4

 Mandating the use of energy-efficient appliances stimulates technological innovation in the home appliance industry.


Answers (1)

best_answer

This answer exhibits parallel reasoning to the passage by showing that regulations (in this case, mandating energy-efficient appliances) can stimulate technological innovation, similar to how environmental regulations stimulate innovation in the green energy sector.

Posted by

Divya Prakash Singh

View full answer

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