Question

Draw the EKC and explain why it takes the shape that it does

  1. Draw the EKC and explain why it takes the shape that it does

Homework Answers

Answer #1

Environment Kuznets curve (EKC) shows hypothetical relationship between the quality of environment and economic development.

The shape of the curve is inverted U showing that as per capita income increases, the environment worsens because of modern economic growth. However, further increase in per capita income, improves the environment and the level of environmental degradation falls. This decline in environmental degradation starts when the average income reaches a particular point over the course of development.

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