Q. Consider the following statements:

1. Development without damaging the environment.
2. Development in the present should not compromise with the needs of the future generations.

Which of the above is/are the components of Sustainable economic development?
Answer: Both 1 and 2
Notes: An equitable distribution of resources has become essential for a sustained quality of life and global peace. The resource planning is essential for sustainable existence of all forms of life. Sustainable existence is a component of sustainable development. Sustainable economic development means ‘development should take place without damaging the environment, and development in the present should not compromise with the needs of the future generations.’