Sustainability (AQA GCSE Business): Flashcards
📚Flashcards
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Practise the cards
12 cards from this deck
Definition of sustainability
Definition of sustainability
Economy's ability to keep producing goods/services long-term
Core sustainability challenge
Core sustainability challenge
Unlimited wants vs limited resources
Examples of non-renewable resources
Examples of non-renewable resources
Oil, coal, natural gas
How technology helps sustainability
How technology helps sustainability
Makes production, communication & distribution more efficient
Expected global population by 2050
Expected global population by 2050
Nearly 10 billion people
Three contributors to global warming
Three contributors to global warming
Industrial pollution, rainforest destruction, intensive agriculture
Business costs from climate change
Business costs from climate change
Flooding, unpredictable weather, need to adapt operations
Examples of costly sustainable practices
Examples of costly sustainable practices
Renewable energy, recycling programmes, eco-friendly methods
Short-term effect on business profits
Short-term effect on business profits
Reduced profits due to higher operating costs
Short-term effect on consumers
Short-term effect on consumers
May afford fewer goods/services due to higher prices
Long-term benefit for early sustainability adopters
Long-term benefit for early sustainability adopters
Competitive advantages & become industry leaders
Sustainability trade-off
Sustainability trade-off
Short-term costs vs long-term benefits