Sustainability of Development
Sustainable Development is the kind of development that meets the needs and demands of the present generation without compromising the availability of resources for future generations. Sustainable development requires a balance between economic growth, social well-being, and environmental protection. The pursuit of economic growth should not come at the expense of environmental degradation, as this can have negative consequences for people’s health, livelihoods, and future opportunities.
Scientists have been warning that present use and methods are not sustainable. Some examples are as follows:
- Overuse of groundwater
- Exhaustion of natural resources
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CBSE Class 10 Notes Economics Chapter 1: Development
In the CBSE Notes Class 10 Economics Chapter 1, you will learn about the concept of development, what it means, & how it is measured. The chapter begins with a discussion of the different ways in which people define development, & the various indicators that are used to measure it, such as Gross Domestic Product (GDP), Human Development Index (HDI), Average Income, Infant Mortality Rate (IMR), etc. The chapter also covers the different dimensions of development, such as economic, social, & political.
The chapter also examines the concept of sustainable development & the need to balance economic growth with environmental conservation. It concludes by highlighting the importance of inclusive & sustainable development in creating a better future for all. Overall, the chapter provides a broad introduction to the concept of development.
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