HL.b.12—Economic growth perspective

Explain the linear-growth perspective.

A linear economy follows extract–make–use–discard flows and often treats supply and demand as the main drivers of growth.

Selling more short-lived phones raises output while leaving extraction and waste outside the price.

Trace material input, useful service, waste and who pays for disposal.

Key idea: Explain the linear-growth perspective.

Economic growth figures do not automatically track material throughput.