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11 December, 08:44

What is four types of economic assumptions that can negatively affect the environment

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  1. 11 December, 11:08
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    The four types of economic assumptions that can negatively affect the environment are:

    1. N atural resources and human resources are infinite

    2. It g rants an event in the future less value than one in the present; short-term costs and benefits are granted more importance than longterm costs and benefits.

    3. A ll costs and benefits associated with an exchange of goods or services are borne by individuals engaging directly in the transaction (buyer and seller alone).

    4. E conomic growth is required to keep employment high and maintain social order.
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