Growth of the American Economy

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Sustainable development goals

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Growth of the American Economy

Definition

Sustainable development goals (SDGs) are a universal set of 17 interconnected objectives established by the United Nations in 2015 to address global challenges and promote sustainable development by 2030. They aim to eradicate poverty, reduce inequalities, and protect the planet while ensuring prosperity for all, highlighting the importance of economic growth in harmony with environmental sustainability.

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5 Must Know Facts For Your Next Test

  1. The sustainable development goals were adopted at the United Nations Sustainable Development Summit in September 2015, replacing the Millennium Development Goals.
  2. Each of the 17 goals has specific targets and indicators to measure progress and accountability among nations.
  3. The SDGs are interrelated, meaning progress in one goal can positively influence others, creating a holistic approach to sustainable development.
  4. Achieving the SDGs requires collaboration between governments, private sector, civil society, and citizens, emphasizing shared responsibility for global challenges.
  5. The SDGs are designed to be inclusive, ensuring that no one is left behind, particularly marginalized and disadvantaged groups around the world.

Review Questions

  • How do sustainable development goals relate to global economic competition?
    • Sustainable development goals play a crucial role in global economic competition by encouraging nations to invest in sustainable practices that can drive innovation and long-term growth. Countries that successfully implement these goals often create a competitive advantage through green technologies and sustainable business practices. This shift towards sustainability not only enhances a nation's economic standing but also attracts investment as consumers increasingly prefer environmentally responsible products and services.
  • In what ways do sustainable development goals enhance U.S. economic leadership on the global stage?
    • The sustainable development goals enhance U.S. economic leadership by positioning the country as a pioneer in addressing critical global challenges like climate change and inequality. By actively pursuing these goals, the U.S. can lead by example, showcasing innovations in clean energy, technology, and inclusive economic policies. This leadership not only boosts the U.S.'s international reputation but also creates opportunities for American businesses to expand into emerging markets that prioritize sustainability.
  • Evaluate the potential long-term impacts of not achieving the sustainable development goals on both global economic competition and U.S. economic leadership.
    • Failing to achieve the sustainable development goals could have dire long-term consequences for global economic competition and U.S. economic leadership. Without progress toward sustainability, nations may face increased resource scarcity, social unrest, and environmental degradation, undermining economic stability worldwide. For the U.S., this could diminish its influence as a leader in innovative solutions to global problems, allowing other countries to take the forefront in sustainable technology and practices, ultimately reshaping global economic dynamics.

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