Problem
The advancement of technology that enables faster and less expensive clothing manufacturing has also contributed to the company's growth. Consumers' preference for rapid fashion over traditional apparel has contributed to the company's success, since they choose fast fashion over traditional delicacies. However, the fast-fashion industry is not without its drawbacks. The economic activity in this sector is a substantial contributor to environmental destruction. The textile business consumes a large quantity of water and other resources, and its waste disposal practices are a major source of environmental damage. In the factories that produce items for the fast fashion business, low wages, long working hours, and unsafe conditions are the part of daily life. The economic effects of the fast fashion sector have been mixed. It has resulted in cheaper and trendier clothing as well as environmental harm and poor working conditions, but it has also had some positive effects.
• From the article above, what can be imply relating to the economics concepts introduced in the course sessions?