How do we adapt to the measure of GNP to meet the requirements of sustainable development?
Answers
Answer:
The quantitative basis for managing sustainability is called sustainable measurement.
Explanation:
The metrics involved in measuring the sustainable measurement are social, economic and political.
Some of the main and most effective sustainability measures include tripe bottom line accounting, CSR (corporate sustainable reporting), and the quality sustainability of individual countries who use GGEI (Global Green Economy Index and EPI (Environmental Performance Index, etc.
It is widely adapted by economist, politicians and development planners.
It is used to measure national income of GNP such as GDP which is used for aggregate income and it is most common, NNP is also used.
It measures the short- term of economic activity where exchange of money occurs within a year. It is most important for stabilizing policies for economic. GNP uses only output values which are produced recently.