• It can create more job opportunities

• The new plan or item can be less costly

• It is more efficient and can create more products in short periods of time

• It can increase sales and revenue if it is a new concept or item.

Disadvantages:

• If it is a new concept or item it might be less developed and therefore not in good quality. Taking more time and money to try and develop it.

• If this concept or item is too expensive, it is not available for countries with a low economic status

• It is a better alternative for the environment

• It has a longer-term sustainability

• It reduces climate change to a certain extent

Disadvantages:

• Production involves rare materials that cause more harm to the environment in order to achieve it.

• Production of the item will cause more land to be used (causing destruction of wildlife territory) in order to produce this item

  
  

• It can cause a need for global collaboration

• It can associate people by connecting with cultural diversity

Disadvantages:

• Certain countries may not have access to the product or concept.

• It creates identity and belonging

• It can foster citizens personal growth

Disadvantages:

• It can lead to bias of one or certain communities

• It can create more trade markets, which can create international trade

• Causes more business opportunities if it is a new concept or product

  
  

Disadvantages:

• It can create policy uncertainty, especially if it is a big concept or product creation project. This is because it would involve multiple people, making it less trustworthy and more easily corrupted.

• It does not involve the use of experimentation on living beings

• It creates unbiased data/input

Disadvantages:

• Harm to participants or living beings

• It can cause bias and manipulation