Question

Modern economies require constant growth and with that growth comes an ever-increasing need for resources called

a) economic modernization.
b) the treadmill of production.
c) edge cities.
d) the new ecological paradigm.

Answer 1

The correct answer is: the treadmill of production.

Step-by-step explanation:

The treadmill of production theory, developed by Allan Schainberg, is a political economic approach to ecological destruction in the modern economy era. This theory points out the environmental impacts of the never-ending pursuit of economic growth in advanced economies.

Schainberg compares the current economic situation with that of a treadmill where advanced economies are stuck since their well-being is not improved by economic growth, yet the quest for it comes along with massive, unsustainable environmental impacts.