Economics, Ecology and Ethics are the three pillars of the Next Industrial Revolution (Desjardins, 2006). In your own words, define each pillar and explain how the three relate to the Sustainable Business Paradigm.© BrainMass Inc. brainmass.com March 22, 2019, 2:31 am ad1c9bdddf
Sustainable Business Ethics
Why is it important to view the environment through an economic lens? The main reason is because nature is economically invisible and everything that comes from it - nutrients, fresh water, forests, fields, new discoveries of medicine - comes for free (Sukhdev, 2011). Economics is the exchange of assets among people and businesses. The assets can be money in exchange for goods and/or services any of the permutations of sales or bartering that are conceivable.
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3 paragraphs discussing the interplay of economics, ecology and ethics.