what is meant by sustainable economic development give its main features?
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It means that development should take place without damaging the environment, and development in the present should not compromise with the needs of the future generations. This concept stresses the role of the environment as capital that, if exhausted, cannot be replaced.
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Sustainable economic growth means a rate of growth which can be maintained without creating other significant economic problems, especially for future generations. There is clearly a trade-off between rapid economic growth today, and growth in the future.
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Sustainable development is defined as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” The concept of needs goes beyond simply material needs and includes values, relationships, freedom to think, act, and participate, all amounting to ...
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Sustainable development can be defined as an approach to the economic development of a country without compromising the quality of the environment for future generations. ... This damage may surpass the advantages of having more quality output of goods and service.
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"Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs."
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Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Class 10th Economics.
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Sustainable development is an approach to economic planning that attempts to foster economic growth while preserving the quality of the environment for future generations. Despite its enormous popularity in the last two decades of the 20th century, the concept of sustainable development proved…
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An economic development is based on economic growth. ... On the other hand, the sustainable development model is a multidisciplinary concept and it relies on reducing resource consumption, producing clean alternative energy, protection of environment factors, quality of life in its complexity.
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"Sustainable development is development that meets the needs of the present without compromising the needs of future generations to meet their own needs".
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Sustainable development is important for economic growth because: (i) Environment must be conserved while development is taking place. (ii) Resources must be used in such a way that something is conserved for future generations. (iii) The standard of living of all people must be raised.
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Sustainable development involves satisfying the needs of the present population without endangering the capability of the future population to satisfy its own needs. It's about improving the well being of everyone wherever they are and achieving this milestone collectively. Sustainable development also digs deeper.
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Sustainability of Development. Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Class 10th Economics. Chapter 1.
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The Brundtland Report defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs”. ... The three dimensions of sustainable development form a whole and cannot be taken separately.
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a type of economy in which human groups live off the land with little or no surplus. sustainable development. Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
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What are some characteristics of a sustainable economy? The needs of everyone in the community are met and people feel safe, healthy and ultimately happy. Our environment is appreciated, protected and enhanced and damage to the environment is minimized.
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"Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs." ... Sustainable development is in the news every day as the world copes with climate change, biodiversity loss, conflict and resource scarcity.
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Sustainability is development that satisfies the needs of the present without compromising the capacity of future generations, guaranteeing the balance between economic growth, care for the environment and social well-being.