What are the Drawbacks of Economic Growth? [Costs]

-Income Inequality can happen - Low Skilled Workers won’t get the Higher Wages that others are enjoying -Stress, and Reduction in Productivty as Higher Wages comes with Higher Responsibility -Demand Pull Inflation can occur - Demand outpaces Supply. Cost push Inflation also as Demand for Resources outpace Supply. [If AS Increases, its Useless] -Balance of Payments may be a Deficit. Higher Incomes may mean more Imports bought, or Firms getting more Imports to meet their Production process -Expansion of Firms that have Negative Externalities - Pollution, Congestion, Environment -Limited Resources be used up, and the Environment may be subject to Exploitiation.