The Conflict Between Economic Growth and Wildlife Conservation
2014
Economic growth is an increase in the production and consumption of goods and services in the aggregate. It requires increasing population and/or per capita consumption and is indicated by increasing gross domestic product (GDP) . GDP is monitored in a process called “national income accounting,” and three accounts are used to ensure validity: production (of goods and services), income, and expenditure. The amounts of production, income, and expenditure are measured in monetary units, such as dollars. When adjusted for inflation, increasing GDP is considered the quintessential measure of economic growthand also a solid indicator of biodiversity loss
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