TED-Ed: Can the economy grow forever? | TED-Ed

The video discusses the concept of exponential growth, particularly in the context of the global economy. It questions the sustainability of infinite growth on a finite planet, given the resource demands and environmental impacts. The video explores how economies have become more efficient but also highlights the challenges posed by new technologies that increase resource demand. It presents differing economic perspectives on addressing these issues, including the idea of a post-growth economy focused on sustainability and equity. The video emphasizes the need for balancing economic growth with environmental care.

What is the main reason economists believe continuous economic growth is necessary?

• To increase government revenue

• To reduce unemployment

• To improve people's lives

• To prevent inflation

How is economic growth typically measured?

• By the level of technological advancement

• By the amount of natural resources used

• By the total financial value of production and sales

• By the number of new businesses

What is a potential downside of new technologies in terms of resource use?

• They can create new demand and increase resource use

• They always reduce resource demand

• They have no impact on resource use

• They make resources obsolete

What is a significant environmental concern associated with the global economy?

• Depletion of human resources

• Increase in global temperatures

• Destruction of natural environments

• Overproduction of goods

What is a key feature of a post-growth economy?

• Emphasis on improving essential services

• Focus on continuous economic expansion

• Increased reliance on fossil fuels

• Reduction in technological innovation

What challenge might arise in a post-growth economy?

• Defining what is necessary

• Decreasing public services

• Rising inflation

• Increasing unemployment

What is a potential benefit of a post-growth economy?

• Universal access to public services

• Greater wealth inequality

• Higher production of unnecessary goods

• Increased dependency on jobs