The correct answer is: d) All of the above
Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It is based on the idea that economic growth, environmental protection, and social development are all essential for a healthy and prosperous society.
Balancing economic growth with environmental protection is one of the key challenges of sustainable development. Economic growth can lead to environmental degradation, such as pollution and deforestation. However, economic growth is also necessary to provide people with the resources they need to live a good life. Sustainable development seeks to find a balance between these two goals.
Responsible resource utilization is another important aspect of sustainable development. Resources such as water, energy, and minerals are essential for human life and economic activity. However, these resources are finite and can be depleted if they are not used wisely. Sustainable development seeks to ensure that resources are used in a way that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Long-term fiscal planning is also important for sustainable development. Governments need to make sure that they are able to provide essential services, such as education, healthcare, and infrastructure, in the long term. This requires careful planning and budgeting. Sustainable development seeks to ensure that governments are able to meet the needs of their citizens in the long term without compromising the environment.
In conclusion, sustainable development emphasizes balancing economic growth with environmental protection, responsible resource utilization, and long-term fiscal planning. These are all essential for a healthy and prosperous society.