write down differences between Economic development and Sustainable development.
Answers
Answer:
basically economic development is the progress in an economy or the qualitative measure of it. ... but when the concern is sustainable development, the main regard is to save something for the future generations to consume. so this is about meeting the present needs without compromising any future needs.
Answer:
Sustainable development may be defined as the development to meet the needs of the present generation without compromising the needs of the future generations.
It is a process whereby the development can be sustained for generation. It affords the future generation the same, if not more, capacity to prosper as the present generation.
Economic development is not a blessing for the human beings. No doubt, it brings higher material welfare by increasing national output of goods and services on one hand and on the other hand it pollutes the environment badly by overuse and misuse of natural resources
In the course of economic development, the cost of environmental damage in the shape of deforestation, land degradation, soil erosion and air and water pollution etc. may exceed the benefits of having more output of goods and service.
The aftereffects of environmental damage have already been appearing in the form of green house effects, inclement weather, Irregular monsoon, global warming and acid rain etc. Now the basic question is how economic development and congenial environment can co-exist so that development can be sustained for generations. That is why ‘sustainable development’ has come into discussion.