Economics Green Gdp Questions
Green GDP impacts the measurement of economic growth by taking into account the environmental costs and benefits associated with economic activities. It adjusts the traditional GDP calculation by subtracting the negative environmental impacts, such as pollution and resource depletion, and adding the positive environmental contributions, such as investments in renewable energy and conservation efforts. This allows for a more comprehensive and sustainable assessment of economic growth, as it considers the long-term consequences of economic activities on the environment.