What is meant by sustainable economic development? Give it's main features?
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Answer:
Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs (UN Brundtland Commission). So, from the definition the first advantage is that it allows the next generation of people to have access to quality life.
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Sustainable development is the development of a country or would not only at present , but the development which is to be continued and maintained for future generations
Main features
- Sustained Rise in Real per Capita Income
- Rational Use of Natural Resources
- Preserving the natural resources for future generations
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