Sustainable Economic Development Essay

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This notion of big data, of which the importance increases day by day, has started to present new solutions to the challenges in these fields by helping to develop new methods in many areas. One of these areas is the concept of sustainable economic development that contains the solutions to various issues in the world. Although there are many definitions of the concept of sustainable economic development, the utmost frequently used definition is as follows, "a development model that meets the needs of the present without compromising the ability of future generations to meet their own needs” [Brundtland report]. In other words, it signifies the programming of today's and future's life and development so that it will enable the needs of future generations to be met by keeping a balance between the human being and nature without exploiting the …show more content…

Hence, the sustainable development constitutes a very critical issue for a sustainable economy, for the environment and society, and in order to leave a livable world that can meet the needs of future generations. Many policies have been developed to achieve the sustainable economic development plan. Big data and big data analysis tools, as well as social network analysis, representing a product of technology in the 21st century, have acquired a new and significant character as a tool in achieving a sustainable economic development program. 2: The emergence of big data analysis capabilities has further increased the value of big data generated by social networks and has revealed the concept of big social networking. The fact that the billions of people instantly share some content including sports, economy, politics, and environment, is very crucial in terms of the comprehensiveness of the information.

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