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Sustainable Development Differs from Traditional Economic Development in That It

question 6

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Sustainable development differs from traditional economic development in that it emphasizes economic development in the short term.


Definitions:

Probability

The quantification of an event's likelihood to occur, represented as a number from 0 to 1.

Mutually Exclusive Events

Two events that cannot occur at the same time within the same experiment or observation.

Independent Events

Two or more events that have no influence on each other's occurrence, meaning the occurrence of one event does not affect the probability of the other.

Intersection

In mathematics, it refers to the set of elements common to two or more sets.

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