Framework for Environmental and Socially Responsible Economic Growth
Keywords:social economics, sustainable development, social enterprise, economy, legal framework
Objective: Sustainable development is being propelled forward by a confluence of factors, social commerce efforts, the collaborative economy, and education. With steady agricultural production capacities, there is a growing need to increase the intensity of food over product production. The main drawbacks of this are current global population situation, profitability of the consumer sector and the issue of insecurity. The rising cost of food is another issue that has motivated researchers to look for ways to improve agricultural productivity through the use of cutting-edge technology. All of these factors could significantly impact the future of sustainable development and social enterprise. Consequently, this aims on the lookout for creative answers how to boost output without significantly raising prices based on social economics. New business models are being established on the back of ideas like social commerce, the collaborative economy, and virtual currencies, in which people are looking for ways to redistribute wealth more fairly through exchanges of equity, trust, and collaboration.
Method: The purpose of this research is to examine how these factors contribute to sustainable growth by developing Legal Framework for Socially Sustainable Economic Development [LF-SSED]. As a result, the use of cutting-edge technologies in digital transformation, it might be an important milestone in the business world, ushering in new ways of doing things and unlocking dormant potential.
Result: To begin, it is necessary to define some of the more essential concepts in this research.
Conclusion: Preparing students to take advantage of environmentally friendly development and economic prospects brought forth by technological progress is a top priority a constructivist approach centered on the learner is then used.
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