The Rise Of The Standard Of Living

1738 Words7 Pages
The various nations worldwide are involved in the constant quest to improve their economic growth that in turn would pave a way for the increase in the standard of living. This is especially true for under-developed and developing economies that have immense growth potential and need to exploit their available resources through prudent policy measures and structural reforms to improve the standard of living of the people. However, this increase in the standard of living leads to increased consumption of goods and services that tends to increase the carbon footprint and hence is detrimental for the environment. But on the hindsight, due to increased standard in living, there is an increase in the usage of energy efficiency and healthier ways of life that tend to improve the environment in the long run. Another issue associated with the rise of the standard of living is the alteration in social migration patterns especially from rural areas to urban and thus leads to unprecedented growth in urban centers and disturbing the delicate equilibrium with the environment. However, the rise of cities presents a unique opportunity to the government to upgrade these urban centers into smart cities and thereby reducing the overall impact on the environment (Todaro & Smith, 2011). In the wake of the above background, the central aim of this essay is to highlight how the rise in standards of living can lead to potentially harmful consequences for the environment that need active management
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