Question 13 Answer all parts

Question 13 Answer all parts. a) Caring for the environment is part of our obligation to the future generations. Why is it difficult to incorporate this environmental aspect in calculating GDP? Discuss the socio-economic implications as a result of this difficulty. [10 marks] b) Critically analyse why the circular economy suggests small scale activities at local level. [10 marks] c) Provide an example of green jobs versus traditional jobs and their related costs for the employer. Discuss the environment as a type of good and elaborate on the role of the Government with regard to the provision of this good. [15 marks)