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What global developments have caused financial, social, and ecological sustainability or restoration to become increasingly prominent as macroeconomic concerns?

Economics Dec 14, 2020

What global developments have caused financial, social, and ecological sustainability or restoration to become increasingly prominent as macroeconomic concerns?

Expert Solution

In the present time, new developments require new ways to emphasize the economic world. In the recent days, loss of income and homes have possibly led to financial crisis. Deep and intense financial concerns are arising in many parts of the world nowadays. Unequal distribution of resources and power are destorting the shape of global economy.

Until the use of greenhouse gases won't reduce, the world will face dangerous climate changes and will affect the agricultural activities and water supply. Nowadays, due to progress in the academic field and well-structured employment status, the development is on its start. Reconciling the ecologogical sustainability and restoration, with complete and proper employment in the living ways is as prominent as macroeconomic concerns.

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