Economics · Sustainable Development
Which of the following is the most appropriate statement regarding sustainable economic development?
- 1It depends upon neither savings nor investment, but solely on the maintenance of natural resources.
- 2It depends upon savings and investment without any regard to the maintenance of natural capital.
- 3It depends upon both savings and investment along with the maintenance of a minimum level of critical natural resources.✓
- 4It depends upon investment in both natural and man-made capital but not on savings.
Correct answer
It depends upon both savings and investment along with the maintenance of a minimum level of critical natural resources.
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