Sustainable economic growth is economic development that attempts to satisfy the needs of humans but in a manner that sustains natural resources and the environment for future generations. An economy functions in the ecosystem. We cannot separate the economy from it. In fact, an economy cannot exist without it.
What does the term sustainable economic development mean Class 10?
Sustainable economic development means. development should take place without damaging the environment, and environment and development in the present should not compromise with the needs of the future generations.
What does the term sustainable development meaning?
The concept of sustainable development was described by the 1987 Bruntland Commission Report as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
What does economically sustainable mean?
Economic Sustainability: Economic sustainability requires that a business or country uses its resources efficiently and responsibly so that it can operate in a sustainable manner to consistently produce an operational profit.
What is objective of sustainable development?
The aim of sustainable development is to balance our economic, environmental and social needs, allowing prosperity for now and future generations. These include social progress and equality, environmental protection, conservation of natural resources and stable economic growth.
What is the main feature of sustainable development?
Main feature of sustainable development is that the development should not harm environment.
What are the main features of sustainable economic development class 10?
The main features of sustainable development are:
- it respects and cares for all kinds of life forms.
- it improves the quality of the human life.
- it minimises the depletion of natural resources.
- it enables the communities to care for their own environment.
Why do we need sustainable development?
Sustainable development encourages us to conserve and enhance our resource base, by gradually changing the ways in which we develop and use technologies. Countries must be allowed to meet their basic needs of employment, food, energy, water and sanitation.
