As one third of the sustainability triangle, this is a study of the various economies around the world and how they interact with one another.
There isn’t a better time to achieve economic sustainability than now. But what is it, and why is it important? We must work to meet our needs while ensuring that our descendants have the means to meet their needs.
Some say the term “sustainability” is used so often for so many different activities, that it has become meaningless. I, for one, don’t think so. Millions of people in these times don’t only think sustainability is a viable concept; they’re also working toward its achievement. Indeed, sustainability may be the greatest need of life today.
Sustainability is usually divided into three sectors: the environment, society, and economy. A look at the four major types of economies: traditional, market-based, command-based, and mixed. And three new ones: circular, global, and green.