Some people think that climate change could have a negative effect on business. Other people think that climate change could create more business opportunities. Discuss both views and give your own opinion.
Nowadays, Climate change is a phenomenon that affects countries all over the world. Some feel pessimistic about business opportunities when the earth suffers climate change while others find favorable conditions to develop. In my opinion, climate change creates net work opportunities.
On the one hand, the former group ascertains that multiple business sectors suffer loss due to this uncommon phenomenon, and this includes agriculture, tourism, and the local commercial sectors. When the agrarian sector is affected, it has a deep impact on almost all sectors. For instance, the scarcity of food products leads to price rise of many other products in the market and would result in the plunge of their demand. The case is similar in the tourism industry, which brings a huge amount of revenue to many countries. Not only the sight-seeing, but also educational and health tourism are affected due to this. It also affects the local business sectors including trade and transport.
On the other hand, the opposing group highlights that it opens a wide door of opportunities to business sectors including health, fashion and e-commerce. In the case of health, one of the key business sectors today, climate change would increase the share of profit by means of commercializing health-maintenance products and related treatment options. Likewise, when the fashion and cosmetic industry is concerned, products which enhance comfort and convenience along with protection from the adverse effects of this change would roll in a lot of money.
Furthermore, an imperative perspective in favor of a rotating atmosphere increases business. To quote an instance, whenever weather is changed people like to buy new stuff such as clothes, utensils and other essentials according to their requirement. Consequently, people are inventing new innovations according to weather which creates new jobs and increases business.
In conclusion, it is clear that climate change and business sectors are closely related. Although many people consider climate transformation as bad for their trade, however, I advocate changing weather and creating new inventions that create new jobs and work for people.