The crisis of underproduction suggests that producers undermine their ability to produce goods by externalizing environmental and social consequences of production.

Question

Quizplus · Accepted Answer

The crisis of underproduction is a theory that suggests that producers prioritize short-term profits over long-term sustainability and undermine their ability to produce goods by externalizing environmental and social consequences of production. This leads to a crisis of underproduction, where resources are depleted, workers are exploited, and communities are harmed.

The Crisis of Underproduction Suggests That Producers Undermine Their Ability