Sustainable development
Practice Flashcards
What is the difference between economic growth and economic development?
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All Flashcards in Topic 4.7
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4.7.15 cards
What is the difference between economic growth and economic development?
Economic growth is an increase in real GDP โ a quantitative measure of output. Economic development is a broader qualitative concept that includes improvements in living standards, health, education, equality, and freedom.
Growth = more output. Development = better lives.
What is sustainable development?
Development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs (Brundtland definition, 1987). It balances economic, social, and environmental goals.
Meet today's needs without harming tomorrow's.
Why can economic growth conflict with sustainability?
Growth often involves exploiting natural resources, increasing pollution, and depleting non-renewable resources. This creates negative externalities and environmental degradation that undermine long-term well-being and ecological balance.
Growth can destroy the environment it depends on.
What are the three pillars of sustainable development?
1) Economic sustainability: maintaining productive capacity and income. 2) Social sustainability: equity, health, education, well-being. 3) Environmental sustainability: preserving natural capital for future generations.
Economic + social + environmental.
Can economic growth be sustainable?
Yes โ if growth is driven by green technology, renewable energy, efficient resource use, and circular economy practices. "Green growth" aims to decouple economic output from environmental degradation.
Green growth decouples output from pollution.
4.7.25 cards
What are the UN Sustainable Development Goals (SDGs)?
A set of 17 global goals adopted in 2015 with targets for 2030. They cover poverty, hunger, health, education, gender equality, clean water, energy, growth, inequality, climate, and more. They apply to all countries.
17 goals, targets for 2030, universal.
Name three economically-focused SDGs.
SDG 1: No Poverty. SDG 8: Decent Work and Economic Growth. SDG 10: Reduced Inequalities. These address the economic dimension of sustainable development โ growth that is inclusive and benefits all.
Poverty, decent work, inequality.
How do the SDGs link economic and environmental goals?
The SDGs recognise that economic progress cannot be sustained without environmental protection. Goals like SDG 13 (Climate Action) and SDG 15 (Life on Land) sit alongside growth goals, requiring integrated policy approaches.
Economic growth must not destroy the environment.
What are the challenges of achieving the SDGs?
Lack of funding, conflicting goals (e.g. growth vs. climate), lack of enforcement (goals are voluntary), corruption, war, and wealthy nations not meeting aid commitments. Progress has been uneven across countries.
Money, politics, enforcement, conflicts between goals.
How can the SDGs be used in IB Economics exam answers?
Reference specific SDGs to support arguments about development policies. For example, discuss trade liberalisation in the context of SDG 8 (growth) and SDG 10 (inequality), or environmental policy via SDG 13 (climate action).
Cite specific SDG numbers to strengthen evaluation.
4.7.34 cards
Why do poor households often overuse natural resources?
They depend directly on forests, soil and fish for food, fuel and income, and cannot afford alternatives such as other fuels or fertiliser.
No alternatives.
How does environmental damage deepen poverty?
Exhausted soil, lost forests and depleted fish stocks lower harvests and incomes, and pollution harms health, so households become poorer.
Less to live on.
How does poverty harm economic sustainability?
Children leave school to work (low human capital), households cannot save or borrow to invest, and debt builds up.
Skills, finance, debt.
Which diagram shows poverty and the environment feeding each other?
A poverty cycle: low income, overuse of resources, less to live on, lower income again.
A cycle.
Topic 4.7 study notes
Full notes & explanations for Sustainable development
Economics exam skills
Paper structures, command terms & tips
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