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Sustainable Development Fundamentals

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Questions and Answers

What is the estimated value of natural capital provided by natural processes for one generation?

Billions of dollars

Many quintillion dollars (correct)

Millions of dollars

Trillions of dollars

What is the primary goal of achieving sustainable development?

Maximizing profits

Balancing economy, society, and environment (correct)

Reducing fossil fuel usage

Strengthening society

Which of the following is NOT a key consideration for sustainable development?

Inter-generational equity

Intra-species equity

Profit maximization (correct)

Inter-species equity

What is the precautionary principle in the context of sustainability?

A principle that requires caution in the face of uncertainty and potential environmental harm (D) Signup and view all the answers

What is the role of businesses in achieving sustainable development goals (SDGs)?

An integral component (D) Signup and view all the answers

What is the primary challenge faced by businesses in addressing sustainable development?

Trade-offs between economic, social, and environmental goals (B) Signup and view all the answers

What is the key issue with the current approach to sustainable development?

Vagueness and paradox in the concept of sustainable development (A) Signup and view all the answers

What is the ideal approach to sustainable development according to the Strong Camp?

Prioritizing environmental protection over economic growth (B) Signup and view all the answers

What is the primary challenge in implementing sustainable development practices in businesses?

Difficulty in making institutional and behavioral changes (D) Signup and view all the answers

What is the key issue with the current state of sustainable development in the business sector?

Little guidance on how to holistically address sustainable development (A) Signup and view all the answers