Which of the following indicate the development, that allow all future generations to have a potential average quality of life that is at least as high as that which is being enjoyed by the current generation ?

Sustainable Development

The correct answer is option (1) : Sustainable Development

Environment and economy are interdependent and need each other. Hence, development that ignores its repercussions on the environment will destroy the environment that sustains life forms. What is needed is sustainable development: development that will allow all future generations to have a potential average quality of life that is at least as high as that which is being enjoyed by the current generation. The concept of sustainable development was emphasised by the United Nations Conference on Environment and Development (UNCED), which defined it as: ‘Development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs’.