If the productive activities used in the classical model of economics continue, the entire model will prove unstable because these activities may move resources through the system at a rate that outgrows the productive capacity of the earth or the earth's capacity to absorb their wastes and by-products.

Question

Quizplus · Accepted Answer

The classical model of economics, which emphasizes growth and increased production, can indeed lead to instability if it causes resource depletion or environmental degradation at a rate that exceeds the Earth's capacity to replenish or absorb these effects. This can lead to unsustainable practices and long-term economic instability.

If the Productive Activities Used in the Classical Model of Economics