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The most widespread definition of economics involves the allocation of wealth, in the context of the human monetary system. [3] Economics rely on various subsystems, such as communities, businesses, resources, and money. Since economics rely on the world's natural resources, economic systems and ecosystems are interconnected.
Currently most cities are heavily dependent on resources which are consumed and wasted with little consideration to their origin or their final destination. [2] Input resources such as water, food, energy and goods are imported from well beyond the cities´ boundaries to be consumed by city dwellers and discarded in the form of waste and pollution to air, water and land.
Regeneration refers to rethinking and reinventing business models, supply chains, and lifestyles to sustain and improve the earth's natural environment and avoid the depletion of natural resources. [1] Regeneration includes widespread environmental practices such as reusing, recycling, restoring, and the use of renewable resources.
[32] For instance, we can mention the regional law of 29 July 2008, nr. 21, of the Puglia Region, "Norms for urban regeneration", which states: «By this law, the Puglia Region promotes the regeneration of parts of cities and urban systems in coherence with municipal and inter-municipal strategies in order to improve urban, socio-economics ...
Regenerative design is increasingly being applied in such sectors as agriculture, architecture, community planning, cities, enterprises, economics and ecosystem regeneration. [6] These designers are using green or sustainable design principles observed in systems ecology and recognize that ecosystems that are resilient typically operate in ...
Geography can also affect economic development in a number of ways. Analysis of current data sets show three significant implications of geography on developing nations. [7] First, access to sea routes is important; this has been noted as far back as Adam Smith. Sea travel is much cheaper and faster than that of land, leading to a wider and ...
Land restoration, which may include renaturalisation or rewilding, is the process of restoring land to a different or previous state with an intended purpose. That purpose can be a variety of things such as what follows: being safe for humans, plants, and animals; stabilizing ecological communities; cleaning up pollution; creating novel ecosystems; [1] or restoring the land to a historical ...
Sustainability is regarded as a "normative concept".[5] [22] [23] [2] This means it is based on what people value or find desirable: "The quest for sustainability involves connecting what is known through scientific study to applications in pursuit of what people want for the future."