1. Environment and the Economy
... inverse U it also shows that as the economies of these countries mature, the amount of pollution starts to shrink..."this occurs because at low incomes people tend to value development over environmental quality, but as they achieve greater wealth they are willing to devote greater resources to greater environmental quality improvements. (Field and Field, 1994). "Another way to think about this is ... wealthier a country and its people are usually means that they are more likely to be aware of environmental hazards due to better education and information. Hence in rich countries more en...
- Word Count: 1513
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate