In order to fulfill his desires, man exploits the environmental factors to a greater extent, by which the environment loses its natural capacity for self-stabilization. The impact of man's various activities that are detrimental to the environment are:
Free Essay on Economic Growth and Sustainable Develop. Economic growth has been used with other terms such as development, modernization, westernization and industrialization.
Sustainable living must be the new pattern of living at all levels individuals, communities, nations and the world. To adopt a new pattern will require a significant change in the attitudes and practices of many people.
About some two hundred years ago Rousseau, the French philosopher said, "Go back to nature". The vision was prophetic. People did not see the wisdom in what Rousseau said then. They did the contrary.
At the end of the twentieth century mankind is involved in unprecedented experiment. Men are transforming themselves to an urban species. Cities are becoming our main habitat. In the entry-first century cities will decide the destiny of man.
E. F. Schumacher, in his Briefing, has propounded three concepts about a sustainable city. These three concepts are appropriate scale, wholeness and connectedness. Under appropriate scale he says that our settlements can and should be organized in such a way that we, as individual citizens, feel that we have a stake in the decisions that shape our lives.
Sustainable economic development is important for economic growth, because it does not take into consideration the pleasure of present generation alone but it also takes into consideration the requirements of future generation.
The available natural resources in a country determine its socio-economic strength. Technological knowhow and economic determinism enhance the resource use capability of the country for development.
Problems of sustainable development are rooted in issues of resource use and their pattern of distribution and ownership. Thus a policy towards sustainable development cannot be framed in isolation to politics and state regulations.
There are serious challenges to economic growth in present times which may be described under following points: