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Identify the incorrect statement with regards to sustainable development and economic growth from below a. Economic growth alone is sufficient to have better living standards b. In the current-day society, economic interest takes precedence over environment and society c. A vast majority of people believe that Sustainability and Development can't be achieved together d. A Society must look into finding an equilibrium of maintaining a stable economy while taking care of its people and the environment

Question

Identify the incorrect statement with regards to sustainable development and economic growth from below

a. Economic growth alone is sufficient to have better living standards

b. In the current-day society, economic interest takes precedence over environment and society

c. A vast majority of people believe that Sustainability and Development can't be achieved together

d. A Society must look into finding an equilibrium of maintaining a stable economy while taking care of its people and the environment

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Solution

The incorrect statement with regards to sustainable development and economic growth is:

a. Economic growth alone is sufficient to have better living standards

This statement is incorrect because economic growth alone is not sufficient to have better living standards. Sustainable development is also crucial. It involves ensuring a strong, healthy and just society. This means meeting the diverse needs of all people in existing and future communities, promoting personal wellbeing, social cohesion and inclusion, and creating equal opportunity.

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