ES290 Lecture 2: LESSON 2
10 Jan 2019
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Document Summary
In this lesson we will focus on sustainable development which has been embraced globally as the direction of environmental and resource management for the future. We will also review briefly the dominant economic systems that control growth and development. The shift to sustainable development requires less emphasis on economics and a greater integration with social and ecological values and systems. Background notes - economic systems (from mather and chapman, 1995): An economic system is the means used to decide how to produce and allocate or distribute goods and services. There are four main economic systems: traditional, market or commercial, command or centrally planned, and mixed. In this system, production of goods is towards subsistence. Only enough goods are produced for basic survival and there is little surplus. Market and money are unimportant in exchange, and customs and traditions are major influences on what is produced and how it is distributed and used.
