Explain the concept of sustainable development.

Economics Sdgs Questions



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Explain the concept of sustainable development.

Sustainable development refers to the practice of meeting the needs of the present generation without compromising the ability of future generations to meet their own needs. It involves balancing economic growth, social development, and environmental protection to ensure long-term well-being for both current and future populations. Sustainable development aims to address the interconnected challenges of poverty, inequality, and environmental degradation by promoting inclusive and equitable economic growth, social inclusion, and environmental sustainability. It emphasizes the importance of integrating economic, social, and environmental considerations in decision-making processes to achieve a more sustainable and resilient future.