Emerging economy Wiki
Advertisement

N5 Recognize the Natural Economy[]

All of the human economy operates from within the much larger natural economy, and relies on natural wealth not only to thrive, but to survive. The natural economy includes what economists cal "ecosystem services"—polination, clean water and air, oil, the processes that make soil fertile and recycle waste back into nutrients, and much more.

Instead of: Assuming human economic activity is fully indipendent from the natural world and economy, which only works so long as the Natural Economy is robust enough to weather any impacts.

Works with:

INFORMATION/RESOURCES[]

Estimates are that the natural economy is 3x GDP of the world—Costanza (get better refs).

Advertisement