Which negative impact does economic development have in many nations? Select all that apply.
A. anti-globalization
B. environmental damage
C. epidemic disease
D. debt
B. environmental damage
D. debt
The negative impacts that economic development can have in many nations include:
B. Environmental damage: Economic development often leads to increased industrialization and resource extraction, which can result in pollution, deforestation, habitat destruction, and loss of biodiversity.
C. Epidemic disease: Rapid economic development can lead to increased movement of people, urbanization, and changes in lifestyles, which can contribute to the spread of infectious diseases and health risks.
D. Debt: In some cases, nations may accumulate high levels of debt to finance economic development projects, which can lead to a reliance on external financing, financial vulnerability, and potential debt crises.