Chapter Overview
This chapter introduces the concept of sustainable economic development, emphasizing the need to balance economic growth with environmental protection. It explains how overuse of natural resources and pollution can hamper long-term development and highlights strategies to achieve sustainability, including conservation, renewable energy, and responsible consumption.
Important Keywords
- Sustainable Development: Development that meets current needs without compromising the ability of future generations to meet theirs.
- Carrying Capacity: The maximum population size or level of activity that an environment can sustain without degradation.
- Renewable Resources: Resources that can be replenished naturally, such as solar energy, wind, and water.
- Non-Renewable Resources: Finite resources like coal, petroleum, and natural gas that cannot be replenished quickly.
- Environmental Degradation: The deterioration of the environment through depletion of resources, pollution, and destruction of ecosystems.
- Green GDP: GDP adjusted for environmental costs and resource depletion.
Detailed Notes
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