Week 2

Question 1

What is Economic Growth

Answer 1

Economic growth refers
to the increase in the production of
goods and services in an economy
over time.

Question 2

Resource Limitations

Answer 2

Finite natural resources can constrain growth.

Question 3

Environmental Concerns

Answer 3

Growth can lead to environmental degradation if not
managed sustainably.

Question 4

Human Development Index

Answer 4

Combines indicators of life expectancy,
education, and per capita income.

Question 5

Genuine Progress Indicator

Answer 5

Accounts for economic, environmental, and
social factors.

Question 6

Sustainable Economic Growth

Answer 6

Growth that meets present needs without compromising future
generations’ ability to meet their own needs.

Question 7

Quantifying a Doughnut

Answer 7

The red wedges show a shortfall and
overshoot of the Doughnut’s social and
planetary boundaries.
The 21st-century goal is to eliminate all
of the red and get into the Doughnut
from both sides at the same time.

Question 8

Social Foundation Indicators

Answer 8

Climate Action
Ocean Acidification
Chemical Pollution
Nitrogen & Phosphorus
freshwater withdraws
Land Conversion
Biodiversity Loss
Air Pollution
Ozone Layer depletion