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Date: 2024-10-19 Page is: DBtxt003.php txt00023622
OVERVIEW
of the ENVIRO-SOCIO-ECONOMIC SYSTEM
CONSIDER ALL THE PERSPECTIVES
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ECONOMIC ACTIVITIES (PROCESS) PRODUCES PROFIT ... LOT'S OF IT
BUT ALSO HAS IMPACT ON PEOPLE, PLACE & PRODUCTS
PROCESS
Engineering
PROFIT

Economic goal
PEOPLE

Families
PLACE

Where people live
PRODUCTS

Quality of Life
There is valueadd when there is a positive balance from every perspective. Process is constrained by technology and engineering. Optimizing for profit alone is not enough, people should also progress. And the progress of people is enhanced by the characteristics of the place. Products impact everything. The production of products is a factor in the generation of profits. The consumption of products is a factor in quality of life. Optimizing for all of this is not a simple exercise ... but optimizing simply for profit is not enough.
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Copyright © 2005-2021 Peter Burgess. All rights reserved. This material may only be used for limited low profit purposes: e.g. socio-enviro-economic performance analysis, education and training.