Business, 11.10.2019 04:00 edtorres5

Which of the following is a way that studies have determined industry might be affected by legislation on global warming?
a. creation of new jobs and technology
b. decrease in consumer spending
c. increased costs of production
d. reduction in the number of jobs available

Answers: 1

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Answer from: afrimart1

The answer is "a. creation of new jobs and technology".

The formation of new jobs and technology are going to be straightforwardly influenced by the legislation of a global warming since along these lines organizations will search for new roads how to utilize inexhaustible wellsprings of vitality and individuals who will hold fast to this kind of industry.

Global warming is the watched century-scale ascend in the normal temperature of the Earth's atmosphere framework and its related impacts, as a major aspect of climate change. Various lines of logical proof demonstrate that the climate system is warming.

Answer from: pandasarecute53

Legislation on global warming might affect the industry through the creation of new jobs and technology.

Further Explanation:

The legislation on global warming will affect the industry in the followings ways:

•Creation of new jobs

•Development of new technology

•Creation of international alliances

•Sustainable product

•Increase in International trade

Justification for the correct and incorrect

Creation of new jobs and technology: This option is correct.

The legislation on global warming will provide an opportunity for the development of new technology and innovation. The development of new technology will increase the job opportunity as people will be required for innovation and its implementation.

A decrease in consumer spending: This option is incorrect.

The consumer spending will increase or remain the same as people will be willing to pay the higher prices for the products that are sustainable and do not cause harm to the environment.

Increased costs of production: This option is incorrect.

The production cost depends upon the technology used for production. Since innovation is taking place, it might develop a technology that reduces the cost and also does not harm the environment.

Reduction in the number of jobs available: This option is incorrect.

The legislation on global warming will create jobs opportunity and act as a catalyst for innovation and invention of new technology.

Learn more:

1. Contract act

2. Insurance plan

3. The mortgage payment

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Environmental laws

Keywords: legislation on global warming, creation of new jobs and technology, decrease in consumer spending, increased costs of production, reduction in the number of jobs, business law, environment law.

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