Explain the term 'affluence trap'.
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Affluence means economic well-being. Trap is something in which we get caught and we cannot escape out of it. Affluence trap means environmental degradation trap. With affluence or economic well-being more natural resources are used up causing environmental problems. In rich countries, high level of consumption associated with high level of income is using up natural resources at a fast pace. As a consequence, these countries are getting trapped in a situation of severe environmental degradation.
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