4.7 + 4.8 Global development

Question 1

What is the definition of “sustainable development”?

Answer 1

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

Question 2

What is a “circular economy”?

Answer 2

Based on three principles:

1. Designing out waste and pollution in economic activity
2. Keeping products and materials in use
3. Regenerating natural systems.

Question 3

What are “SDGs”?

Answer 3

In 2015, the United Nations adopted a set of 17 ambitious goals to meet by 2030. These are called the Sustainable Development Goals (SDGs).

Question 4

How come poverty threatens sustainability?

Answer 4

Often, where there is poverty, public resource and waste management systems are non-existent or do not work well.

–> Higher deforestation, land degradation and pollution of ecosystems

Question 5

How can economic growth NOT lead to economic development?

Answer 5

1. Skewed income distribution
   –> Prevents the benefits of economic growth from being experienced by the majority
2. Environmental damage
   –> over-exploitation of resources and unmanaged waste can lower the quality of life for the world’s poorest
   (think negative externalities of production!)

Question 6

What is the definition of “economic development”

Answer 6

the efforts that seek to improve the economic well-being and quality of life for a community