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
Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en

What are the properties of indirect utility function? Properties of the indirect utility function: While u(x) is continuous and monotonic onto R L + and (p, m) > 0, the in

1.    Introduction Wood Investments (WI) is a private equity fund that specialises in the leveraged acquisition of publicly-quoted companies with the intention of producing h

A firm has a short-run production function defined by:  Q = -. 02L 2 + 8L What  is  the short  run demand curve  for  labour  (L) in terms of  the market wage  rate  (w), if


explain the central problem of economy with production possibility curve?

Janet decides to play a game with her children, Jay and Jill (who are fraternal twins) and Mo. Each child is in their own room and cannot communicate with each other. Suppose Jill

explain the concept of producers'' equilibrium

Point Elasticity: Point elasticity is brought in use when the change in price is quite small, which means. The two points between which elasticity is being measured or calculat

In year one, suppose the federal government has no national debt and spends $100 billion, while raising only $50 billion in taxes. The U.S. Treasury will issue $ billion of governm