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The Index of Sustainable Economic Welfare
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What is the Index of Sustainable Economic Welfare (ISEW)?
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A measure of economic welfare that takes into account the environmental and social costs of economic activity.
💡 Explanation:
The ISEW is a measure of economic welfare that takes into account the environmental and social costs of economic activity. It is based on the idea that economic growth is not always beneficial, and that it can sometimes lead to environmental degradation and social inequality.