Unit 4 AOS 1

Economic characteristics of high-income countries:

  • Wide range of industries

  • Opportunities for global trade

  • High average incomes

  • Lower levels of poverty

Environmental characteristics of high-income countries:

  • Food security

  • Adequate housing

  • Adequate infrastructure

  • Access to safe water and sanitation

  • High levels of CO2 emissions

Social characteristics of high-income countries:

  • High levels of employment

  • High levels of education

  • Access to technology

  • Developed health systems

Economic sustainability:

  • Ensuring the average incomes in all countries are adequate to sustain a decent standard of living and continue to rise in line with inflation and living costs in the future

Social sustainability:

  • Social sustainability can be defined as creating an equitable society that meets the needs of all citizens and can be maintained indefinitely.

Environmental sustainability:

  • Environmental sustainability relates to ensuring the natural environment is used in a way that will preserve resources into the future.

Economic sustainability factors:

  • Innovation and diversity of industries

  • Employment

  • Economic growth

  • Trade

Social sustainability factors:

  • Elimination of poverty

  • Gender equality

  • Access to safe and decent working conditions

  • Promotion of legal rights

  • Peace and security

Environmental sustainability factors:

  • Biodiversity

  • Use of natural resources

  • Waste removal and pollution

  • Climate change