What is the concept of sustainable development?

Economics World Bank Questions



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What is the concept of sustainable development?

The concept of sustainable development refers to the idea 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 achieve a harmonious and equitable society by considering the interdependence of economic, social, and environmental factors.