Zhou Dynasty Evaluate the positive or negative effects of this development.
Was this a positive or negative development for people in Ancient China?

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negative effects of development

Fast growth can create negative externalities e.g. noise pollution and lower air quality arising from air pollution and road congestion. Increased consumption of demerit goods damages social welfare. The huge increase in household and industrial waste.

positive impacts of development

Good jobs in rural areas, more clean energy, fighting deforestation and climate change, tax revenue and, payments to developing countries. These are some examples of the various development impacts that are generated by the companies Finnfund finances.