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Economics project class 12th cbse on sustainable development Video Lecture - Commerce

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FAQs on Economics project class 12th cbse on sustainable development Video Lecture - Commerce

1. What is sustainable development?
Ans. Sustainable development is an approach to economic development that seeks to balance the needs of the present generation with those of future generations. It involves meeting the needs of today's society without compromising the ability of future generations to meet their own needs. It is based on three pillars of sustainability: economic, social, and environmental.
2. How does sustainable development benefit society?
Ans. Sustainable development benefits society in many ways. It helps to ensure that resources are used efficiently and effectively, reducing waste and pollution. It also promotes economic growth and development, ensuring that people have access to good jobs and a decent standard of living. Additionally, sustainable development promotes social equity and justice, ensuring that all members of society have access to the resources and opportunities they need to thrive.
3. What role do businesses play in sustainable development?
Ans. Businesses play a critical role in sustainable development. They can contribute to the economic, social, and environmental goals of sustainable development by adopting sustainable business practices that reduce their impact on the environment, improve their social responsibility, and promote economic growth and development. Businesses can also partner with governments, NGOs, and other stakeholders to address sustainable development challenges and create sustainable solutions that benefit society.
4. What are some examples of sustainable development initiatives?
Ans. There are many examples of sustainable development initiatives, including: 1. Renewable energy projects that reduce reliance on fossil fuels and promote clean energy sources like solar, wind, and hydro power. 2. Sustainable agriculture practices that promote soil health, biodiversity, and conservation. 3. Green building initiatives that promote energy efficiency, reduce waste, and promote sustainable construction practices. 4. Public transportation systems that reduce reliance on personal vehicles and promote sustainable mobility. 5. Circular economy initiatives that promote waste reduction, recycling, and the reuse of resources.
5. What challenges does sustainable development face?
Ans. Sustainable development faces many challenges, including: 1. Lack of political will and leadership to address sustainability challenges at the national and global levels. 2. Limited resources and funding for sustainable development initiatives. 3. Resistance from vested interests who may be opposed to changes that threaten their economic or political power. 4. Lack of public awareness and education about sustainable development and its benefits. 5. Cultural and institutional barriers that may limit the adoption of sustainable practices in different contexts.
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