What is pure growth?

Pure growth is an economic development that is sustainable for people, societies and the environment. Individual communities and larger units of government, such as nations, can accept initiatives in pure growth in order to prefer sustainable growth in working on economic improvement. Such growth can also be described as "intelligent" or "sustainable" in political documentation and public discussions on economic policy and growth. The government can determine that the new industries should function in an environmentally friendly way and ideally should actively support the health of the environment. For example, new energy companies could work on alternative energy. Growth in the so -called green sector, which focuses on environmentally friendly procedures, is often supported in pure growth programs. This also leads to an increased job by creating new jobs.

Sustainability for communities can also be important. Rapid Economic Growth can worsen the inequality of income or youBuild some communities of exploitation, such as if the community has rich mineral deposits. The net growth program can provide a framework for protection of social interests, not only environmental. An important part of such a plan may be social liability in the form of contributions to education, community police and other community resources.

The development of new technologies and routes for innovation is all important aspects of economic growth. In net growth, such technology should provide environmental and social benefits, in addition to generating revenue for inventors and companies that control and produce this technology. Governments may encourage companies to take social and environmentally responsible business activities through tax incentives and other benefits.

Community level, pure growth can focus on location and independence for small communities. These communities canAlso support slow, intelligent development that does not overlap community sources, leaving room for progress and further development in the future. Larger government units may be interested in topics such as energy independence, increased use of domestic companies and work to satisfy national needs and develop new industries to support growth.

Economically, net growth can also include specific steps of economic and fiscal policy to make the economy stable and sustainable. Regulatory bodies with fear of speculation could intervene through legal regulations and other means to maintain the control of economic growth. The aim is to avoid creating a bubble that could throw into the air in the future and endanger economic progress. Regulatory bodies must compensate for the desire to avoid speculative bubbles with too much intervention on the market, which can interfere with investors and financial institutions.