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"The Earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person". How is this statement relevant to the discussion of development? Discuss. - Social Science

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Question

"The Earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person". How is this statement relevant to the discussion of development? Discuss.

Answer in Brief

Solution

“The Earth has enough resources to meet the needs of all, but not enough to satisfy the greed of even one person”. This statement is relevant to the discussion of development since both resources and development go hand in hand. For the sustainability of development, the maintenance of resources is also crucial. As the statement claims, the Earth has enough resources—renewable and non-renewable—to satisfy everyone’s needs; however, these need to be used with a view to keeping the environment protected and clean so that a balance of production and use is maintained and shortages are avoided.

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Human Development Indicators (Holistic Measure of Development)
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Chapter 1: Development - Exercises [Page 17]
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