What is one of the main concerns for how climate change will affect the global economy?(1 point)

Question

Responses

Climate change will cause a decrease in manufacturing prices, which will harm the economy.
Climate change will cause a decrease in manufacturing prices, which will harm the economy.

Global growth will increase because of costs associated with climate change.
Global growth will increase because of costs associated with climate change.

Climate change will cause an increase in income for people, which will harm the economy.
Climate change will cause an increase in income for people, which will harm the economy.

Global growth will slow because of costs associated with climate change.

Answer 1

The correct response is: Global growth will slow because of costs associated with climate change.

This reflects the concern that climate change can lead to increased costs related to adaptation, disaster recovery, and mitigation efforts, which can hinder economic growth.