What is the role of sustainability in economic development? 🔊
The role of sustainability in economic development is crucial as it promotes practices that meet present needs without compromising the ability of future generations to meet their own. Sustainable economic development aims for a balance between environmental health, social equity, and economic growth. Emphasizing renewable resources and energy efficiency, it encourages businesses to minimize waste and pollution, fostering innovation and resilience. This approach enhances community well-being while protecting ecosystems, ultimately leading to more viable and prosperous futures. Sustainable development is about creating economic systems that contribute positively to both local and global environments.


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