Unit 4.7 - Sustainable Development
What you need to know and understand:
Key concepts:
Concepts to understand:
- The meaning of sustainable development
- Sustainable Development Goals
- Relationship between sustainability and poverty [HL only]
Key concepts:
- Scarcity
- Choice
- Efficiency
- Equity
- Economic well-being
- Sustainability
- Change
- Interdependence
- Intervention
Concepts to understand:
- Governments and other economic agents may intervene in an attempt to promote economic well- being and equity in societies.
- The pursuit of sustainability is subject to various constraints.
- Effective strategies should take account of the relevant social, economic, and political context