Explain about sustainable development, Microeconomics

Why might economic growth not be compatible with sustainable development?

Define economic growth; enhance in national income during a time period. Explain sustainable development; development that meets the needs of the present without compromising the ability of future generations to meet their own requirements. The issue of sustainability needs elucidation, as there is no generally accepted or universal translation of this excerpt from the 1987 Brundtland Report. The possible trade-off among growth and sustainable development deals with resource use, environmental degradation, carrying capacities of our world and the ability of human ingenuity in increasing efficiency/productivity in order to utilise scarcer resources ever better.

 

Posted Date: 7/11/2013 8:09:44 AM | Location : United States







Related Discussions:- Explain about sustainable development, Assignment Help, Ask Question on Explain about sustainable development, Get Answer, Expert's Help, Explain about sustainable development Discussions

Write discussion on Explain about sustainable development
Your posts are moderated
Related Questions
In equilibrium, what are the letters and the total dollar amounts that correspond to the area for the... i. Original Consumer Surplus?  ii. Original Producer Surplus? iii.


Q. Describe about Capitalism? Capitalism: An economic system in that privately-owned businesses and companies undertake most economic activity (with the goal of generating priv

How much would the price of Good Z (Pz) have to change in order to increase the consumption of Good C by twenty five percent (25%)?

The demand for one of Parsons products has increased over the last few years and, despite the extensive use of overtime and weekend working, the company has been forced to sub-cont

What are the problems of interest for several reasons in cost minimization? Cost Minimization: A significant implication of the firm choosing a profit-maximizing producti

At a market price of $21 a toy, what quantity does the firm produce in the short run and does the firm make a positive economic profit, a zero economic profit, or an economic loss?

When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3.


International Monetary Fund: International Monetary Fund (IMF) is one of the two institutions that were established as a result of the Brettonwoods Conference in 1944, the oth