"Environment and economy are interdependent and need each other." State whether the statement is true or false?

The statement stands to be true

The correct answer is Option 1: The statement stands to be true

Explanation: Environment and economy are indeed interdependent and need each other:

• Environment: Provides essential resources such as clean air, water, and raw materials, and regulates processes vital for human life and economic activities.

• Economy: Depends on natural resources for production, consumption, and maintaining livelihoods. Economic activities can impact environmental health, influencing sustainability and resource availability.

Interdependence: The health of the environment directly affects the economy. For example, pollution can harm human health, reduce agricultural productivity, and damage infrastructure, leading to economic losses. Conversely, economic growth can lead to environmental degradation, which can then have negative consequences for the economy. A healthy environment supports economic growth and development, while a strong economy can provide resources for environmental conservation and management. Hence, the statement is true.