how resource development has created imbalance in the world ?
Answers
Answer:
This article gives an overview about GDP as a measure of a country’s economic activity, components that lead to economic growth and may harm human health and/or the natural environment, distribution of economic growth and its contribution to human development… If we consider a country"s progress as a balance between economic and human development, perhaps we should shift the focus to the issue: “Economic growth does not seem to be the problem or the solution, but a fairer distribution of wealth... isn"t it a logical conclusion?” Because resources are limited on a global scale, to what extent is an economic model based on continuous growth really useful? “Cheaplabour markets in which to produce, and markets where to sell at high prices” are fundamental axioms of a global economic model that leads to impoverished societies, in which it is necessary to adjust production downwards in response to lower domestic consumer spending, thus generating a vicious circle of economic growth based on exports, precarious jobs, social inequalities and poverty. Measuring a country"s progress beyond GDP taking indexes that measure the extent to which countries contribute to the socio-economic progress of their citizens, such as Human Development Index, Legatum Prosperity Index, Social Progress Index...Global socio-economic imbalances: while a model of equalising welfare opportunities" downwards remains predominant, socio-economic inequalities will be exacerbated by generating a greater consumption of the world’s population classified as extreme-consumerist. Barriers to global progress: lack of transparency, unequal opportunities, socio-economic measures that depend on the exploitation of disadvantaged groups, unproductive economic structures and state governmental organizations undertaking speculative operations, impunity in corruption
Answer:
Sustainability is the balance between the social development, a sufficient economy and an equal society. Basically we can't consume the natural resources at a faster rhythm than the one the nature needs to generate them.