Environmental degradation occurs when a firm takes actions that directly or indirectly result in pollution or other forms of environmental harm.

Question

Quizplus · Accepted Answer

Environmental degradation refers to the deterioration of the natural environment due to activities that directly or indirectly result in pollution or other forms of harm to the environment. This can include activities such as fossil fuel consumption, deforestation, industrial waste disposal, and agricultural practices that contribute to soil erosion or water pollution.

Environmental Degradation Occurs When a Firm Takes Actions That Directly