The Incompatibility Between Economic Sustainability And Ecological Sustainability

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The incompatibility between economic sustainability and ecological sustainability is a contentious issue, specifically within the area of politics, technology, society, financial economies and environmental issues. When discussing such a matter the terms, sustainability, economic sustainability and ecological sustainability should be defined. Sustainability: the equality of environmental, social and economic necessities between today’s generation and tomorrow’s generation. Economic Sustainability: the employment of various strategies to the use of resources so that a long term beneficial balance can be achieved. Ecological Sustainability: the ability of the environment to meet the necessities of the present generational society, without causing repercussions for future generations meeting their necessities using natural resources. When focusing on the incompatibility between economic and ecological sustainability, the issue of enlarged market product food production, increased emissions, large scale farming, income inequality, growth, demand and consumption surround the concept of sustainability regarding issues of population, affluence and technology. Ecological impact is the product of population, affluence and technology and therefore, the IPAT (environmental impact (I) is the product of population (P), affluence (A), and technology (T)) formula or theory can depict the incompatibility of these elements when concerning ecological sustainability. In order for economic

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