Exploitative industries may also cut corners on regulations

Cards (2)

  • Process?
    By cutting corners on regulations, these industries can lower operational costs, but at the expense of the well-being of workers and local communities. This profit-driven approach diminishes investments in social indicators, like fair wages and poverty alleviation
  • Outcome?
    negatively impacting social dimensions of sustainable development, and there is no improvement in the standard of living of people