What is difference between economic development and sustainable development ?

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Solution

Economic development means the rate of production is greater than the rate of increase in population and the rate of growth of GDP is high enough to fulfil the basic needs of the population.

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

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Q. Question 15
Select the incorrect statement.

(a) Economic development is linked to environmental conservation
(b) Sustainable development encourages development for current generation and conservation of resources for future generations
(c) Sustainable development does not consider the view points of stakeholders
(d) Sustainable development is a long planned and persistent development.

Which of the following statement is incorrect?
(a) economic development is linked to environmental conservation
(b) sustainable development meets the current basic human needs and also preserves resources for future generations.
(c) sustainable development does not take into consideration the viewpoints of all stakeholders
(d) sustainable development is a long-planned and persistent development

Q. Which of the following is a highly developed urban area that creates sustainable economic development and high quality of life?

Q. _______ is a developed urban area that creates sustainable economic development and high quality of life by excelling in multiple key areas.

Q. Economic development is sustainable only when the stock of ____________ remains constant or rises over time.

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