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The market system

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Question 14

One major environmental cost of rapid economic growth and consumerism is the accumulation of non-biodegradable plastic waste. Malaysia has implemented a federal Excise Duty on Single-Use Plastic Packaging to curb plastic pollution and encourage sustainable alternatives.

Taxation is the most effective policy for a government to protect the environment from waste. Do you agree with this statement? Explain your answer.

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The market system Questions

  1. IGCSE
  2. /Economics
  3. /The market system