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Define Sustainable Development. Explain Social Sustainability and Economic Sustainability.

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“Sustainable development is development that meets the needs of the present without compromising the ability of future generation to meet their own needs”. For sustainable development to be achieved, it is crucial to harmonize three core elements: economic growth, social aspects and environmental protection. These elements are interconnected and are crucial for the wellbeing of individuals and societies. To achieve true sustainability, we need to balance the economic ,social and environmental factors of sustainability in equal harmony.

Social Sustainability 

The ability of a social system such as a country, family or organization to function at a defined level of social well being and harmony is called social sustainability. Problems like war, endemic poverty, widespread injustice and low education rates are symptoms of a system in socially unsustainable. The balancing capacity of a government in maintaining peaceful existence towards other countries and at the same time providing the requirements of its citizens without affecting the environment creates social sustainability.

Economic Sustainability 

The people on earth consume far more than what is their fair share.

  • The economic sustainability is successfully implemented through strong Public Distrubution System.
  • Economic sustainability ensures that our economic growth maintains a healthy balance with our ecosystem

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