Abstract

Sustainable Development is a term used in the UN Burtland report, which shall bring in the need for Nations to act with the utmost care, diligence, and social responsibility in dealing with the issues of Society, Economy, and Nature. At the same time, there are a great number of differences in culture, economic conditions, and the standard of livings in different geographical areas, which is the major concern and the biggest contributor to the imbalances that force people to act without conscience, understanding of the consequences that arise due to their acts. However, the barrier between the North and the South and the Developed and Under Developed Nations has left a huge gap that is still widening daily. The gap between the Rich and the Poor is increasing enormously, which is the greatest grave danger to Society, Economy, and Environment. Therefore it is time for swift action to strike a balance between the three pillars of Sustainable Development which are Society, Economy, and Environment, by bringing the Geographical Balance among the Nations by addressing the issues specific to each region through Innovations, technological transfer, and priority in providing economic support.

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