Final answer:
Sustainable development refers to meeting the needs of the present without compromising the ability of future generations to meet their needs.
Step-by-step explanation:
Sustainable development refers to the practice of doing business in a way that meets the needs of the present generation without harming the ability of future generations to meet their needs.
This involves using natural resources in a sustainable manner, preserving the environment, and considering the long-term impact of business decisions.
Examples of sustainable development practices include using renewable energy sources, implementing recycling programs, and reducing waste and pollution.