what must an economic activity focus on while planning for sustainable development ?
Answers
Answer:
In simple terms, sustainable development means integrating the economic, social and environmental objectives of society, in order to maximise human well-being in the present without compromising the ability of future generations to meet their needs.
Answer:
Sustainable development can be defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs....
Explanation:
The argument put forward by neoclassical theorists, supporting the aforementioned considerations, is that the pursuit of growth is in line with environmental protection. In the early 1970s, in his trenchant critique of the Meadows report (1972), Wilfred Beckerman (1972:336) presented the most optimistic of viewpoints concerning the capacity of modern economies to adequately manage environmental problems. He referred specifically to the reduction in SO2 pollution in many American states, which occurred even though the country was undergoing continued growth. Twenty years later, the proposition is generalized, and now, the message is addressed to developing countries: “[...] there is clear evidence, wrote Beckerman (1992:482), that, although economic growth usually leads to environmental deterioration in the early stages of the process, in the end, the best—and probably the only—way to attain a decent environment in most countries is to become rich.”