Sustainability in economics refers to the ability to meet present needs without compromising the ability of future generations to meet their own needs.

Key aspects include:

• Resource Management: Managing natural resources so they are not used up faster than they can grow back.
• Economic Balance: Finding a balance between economic growth and environmental protection.
• Social Equity: Ensuring that everyone has fair access to resources and opportunities.
• Policy Tools: Governments support this through methods like carbon taxes, emissions trading, and regulations.
• Sustainable Development: Achieving current economic goals without destroying the natural environment that we will need in the future.