Briefly discuss the concept of the new global economic system for long term survival of the human race.

Word Count : 227

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The concept of a new global economic system for the long-term survival of the human race revolves around sustainability, inclusivity, and environmental stewardship. Traditional economic models often prioritize short-term gains without adequately addressing the long-term consequences for both the environment and society. In contrast, the proposed system aims to strike a balance between economic prosperity and ecological well-being.

Sustainability is at the core of this model, emphasizing responsible resource management, reduced carbon footprint, and the ____ ____________ __________ _______ ___________ _______ _____________ _______ _______ _____ _____ ________ _______.
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Degree : BACHELOR DEGREE PROGRAMMES
Course Name : Bachelor Degree Programmes
Course Code : BDP
Subject Name : Human Environment
Subject Code : AHE 1
Year : 2022