The Cost of Economic Growth

The Cost of Economic Growth

In Chapter 7: The Environment – Part II, Hite and Seitz (2016) discuss the existing tension between development and the environment. Development brings economic growth as well as social and environmental changes. To a developing country, economic growth may be of a higher priority than the consequences to the long-term health of its citizens or its environment. On the other hand, poverty can also harm the environment such as how searching for land to farm contributes to deforestation.

Do wealthy nations using the labor of developing nations have responsibilities to the people and environment of that country? Why or why not? Be sure to use examples of existing companies to support your response.

Review the posts of your classmates and respond to at least one other post, offering a substantive comment on that classmate’s position on the issue(s).

How Would you answer this classmate?

Nicole Williams-Turner

RE: Week 10 | Discussion

Hello Professor Boyd and classmates,

The well-being of the people in developing countries is the responsibility of the nation’s government, but assistance from developed countries is an obligation developed countries should honor; after all, they have the resources. Companies such as Nike and Apple manufacture products in developed countries. Nike was accused of lowering labor standards with underpaying and forced overtime- an example of taking advantage of the poor. Wealthy countries such as the U.S should assist developing nations because the citizens of those countries play a significant role in the country’s wealth. The irony behind this week’s question is the rich organization in the U.S lacks care for the employees they hire regardless of the hard work performed. The point I am trying to make is wealthy nations sees the opportunity to build wealth and reduce overhead cost; therefore, they move the business to places where there s no law to protect against accommodations, meager wages, and diversity. The developed countries not only have the resource to assist; they have the know-how to generate change in the environmental issues the countries face.- poor drinking water and lack of education

Nicole

Source

1, Alvin Yuen, Naomi NG. 2010. Do Developed Countries have an obligation to help poor ones? https://www.scmp.com/article/712693/do-developed-countries-have-obligation-help-poor-ones