What did Georgescu-Roegen argue about economic activity?
Degrades natural resources
Enhances natural resources
Has no impact
Is always sustainable
Answer
Degrades natural resources: Georgescu-Roegen argued that economic activity inherently degrades natural resources. He believed that the extraction and use of resources, such as fossil fuels and minerals, depletes their availability and reduces their quality. This degradation is irreversible and leads to a decline in the overall stock of natural resources over time.
Nicholas Georgescu-Roegen Knowledge Showdown: 31 Questions to Prove Your Worth
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