Identify the incorrect statement with regards to sustainable development and economic growth from below a. In the current-day society, economic interest takes precedence over environment and society b. A vast majority of people believe that Sustainability and Development can't be achieved together c. A Society must look into finding an equilibrium of maintaining a stable economy while taking care of its people and the environment d. Economic growth alone is sufficient to have better living standards
Question
Identify the incorrect statement with regards to sustainable development and economic growth from below
a. In the current-day society, economic interest takes precedence over environment and society
b. A vast majority of people believe that Sustainability and Development can't be achieved together
c. A Society must look into finding an equilibrium of maintaining a stable economy while taking care of its people and the environment
d. Economic growth alone is sufficient to have better living standards
Solution
The incorrect statement with regards to sustainable development and economic growth is:
d. Economic growth alone is sufficient to have better living standards
This statement is incorrect because economic growth alone does not guarantee better living standards. Sustainable development, which includes social, economic, and environmental aspects, is necessary for improving living standards. Economic growth must be balanced with social welfare and environmental sustainability.
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