Uncontrolled economic growth is unsustainable

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Uncontrolled economic growth occurs when there are no restraints or regulations on an economy, allowing unrestrained growth and consumption of resources. This type of economic growth is unsustainable because it ignores the long-term environmental impacts of consumption and production. When resources and materials become scarce from overconsumption or because of the degradation of the environment, uncontrolled economic growth can lead to a decrease in economic productivity and serious ecological harm. Furthermore, if economic growth is not balanced and regulated, inequality can result as some people benefit disproportionately from the economic benefits while others experience the negative impacts. Uncontrolled growth can also cause inflation, making basic goods and services unaffordable to people whose incomes remain the same. For these reasons, uncontrolled economic growth is ultimately unsustainable as it can cause long-term damaging policies and outcomes.

Answered by angelicahuynh

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