ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Increase in the quality of life
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Reduction in the level of pollution
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conservation of stock of natural capital
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All of these
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Detailed explanation-1: -Social, economic and ecological equity is the necessary condition for achieving sustainable development.
Detailed explanation-2: -However, it actually refers to four distinct areas: human, social, economic and environmental – known as the four pillars of sustainability.
Detailed explanation-3: -Achieving Sustainable Development The rate of consumption should not surpass the rate of salvation. For renewable resources, the rate of consumption should not surpass the rate of production of renewable substitutes. All types of pollution should be minimised. It can be achieved by sensible use of natural resources.
Detailed explanation-4: -Importance of Sustainable Development Sustainable development always encourages us to conserve and enhance our resources, by gradually changing the manners in which we develop and use technologies. All Countries should meet their basic needs of employment, food, energy, water, and sanitation.
Detailed explanation-5: -The principles of sustainability are the foundations of what this concept represents. Therefore, sustainability is made up of three pillars: the economy, society, and the environment. These principles are also informally used as profit, people and planet.