Page 19 - “GREENING” THE CONTENT IN CXC® SYLLABUSES

E-LEARNING MODULES AND LEARNING GUIDE FOR TEACHERS

Economic Sustainability

People across the globe can maintain their independence and have access to the resources that
they require, financial and other, to meet their needs. Economic sustainability refers to practices

that support long-term economic growth without negatively impacting the social, environmental,

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and cultural aspects of our communities and societies . Further, economic sustainability aims to
maintain the capital intact. If social sustainability focuses on improving social equality, economic

sustainability aims to improve the standard of living. The concept implies a system of production
that satisfies present consumption levels without compromising future needs (Lobo, Pietriga, &

Appert, 2015). Three main activities that are carried out in an economy are production,

distribution, and consumption but the accounting framework used to guide and evaluate the
economy regarding these activities grossly distorts values and this does not augur well for society

and the environment (Cao, 2017). Economic sustainability, therefore, requires that decisions are

made in the most equitable and fiscally sound way possible, while considering the other aspects

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of sustainability. (Zhai & Chang, 2019) .

7 https://twitter.com/MaryWash
8 https://www.tandfonline.com/doi/full/10.1080/23311886.2019.1653531
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