Why is sustainable development essential for economic growth?
Miss dipti your answers has important and excellent points to consider also ?
Sustainable growth develops economy simple just take a example if you have a bottle of water and all your campanions also have a bottle of water but your campanions drinks there water but you use it smartly then if your friends need water then you can demand for money or otherstuffs they may not agree with your deal but later somehow they will agree . The main point is that if a country has a resource that is limited and cannot be renewed and other country donot use it smartly and end it up then they will pay the country who had the resource any amount of money that will raise the economy of that country and secondly resourcea can also be saved for future uses.
1.resources are in limited quantities. 2.we need resources for both future and present generation. 3.there is a need to save the environment too.
Sustainable development: Development which does not cause overuse of resources, at the same time replenishing the existing resources is called as sustainable development.Sustainable development is essential for economic growth because it means ‘development should take place without damaging the environment, and development in the present should not compromise with the needs of the future generations.’ Preservation of resources determine the economic activities of the nation hence, promote economic growth.