Sustainability and Urban Development

1428 Words6 Pages
Sustainability and Development Introduction Sustainable development and sustainability have been the focus of many researchers in various disciplines for quite some time now. The current distribution of natural resources and their allocation is modeled on an infinite growth assumption. The mainstream economic perspective assumes that the market will allocate resources in the most efficient way possible. Yet there are many externalities that often left out of this model such as clean air, clean water, and the carrying capacity of the Earth's natural systems. For example, when someone used oil as a source of fuel, the pollution from its use is not counted in the standard economic perspective. Furthermore, the fact that oil is a nonrenewable resource is also not effectively included in these models. Sustainable development incorporates various social and economic objectives that try to optimize the use of natural resources in the society. It is a broad topic but is centered on trying to make the most efficient use of the resources that are available while also ensuring that there are resources available for future generations. The main objective of sustainable development is to achieve a reasonable and equitable distribution of resources that can offer a high level of well-being for all generations; those that are currently alive and those are yet to be born. In order to achieve sustainability, the society and the planet as a whole has to have the regenerative ability to
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