The paper "Historical Context of Sustainability - Lithium in Bolivia" is a perfect example of a business case study. Bolivia is located in South America, and it produces lithium. The country holds more than a third of the world's deposits of lithium. Lithium is a production used in the aluminum manufacture, technological industries, health, and pharmaceutical industries. The production of lithium requires water in large volumes because it is used as a raw material that is later evaporated. In addition to water, different chemicals are required to support the production process.
These chemicals have a negative impact on the environment and landscape, and effective sustenance measures should be in place. Moreover, the community and other stakeholders may influence the sustainability requirements of the project. The solutions to these problems include effective socio-economic engagement, integrated legal and political framework, alternative business investment, and environmental protection and sustainability measures. These different approaches are important because it allows the development of a single framework, which the different stakeholders can follow and adhere. For example, the government and other institutions have clear policies and frameworks to follow in the production of lithium.
Extensive engagement, collaboration, sharing and partnerships among the different stakeholders ensure the sustainability requirements and needs are achieved. Keywords Bolivia, lithium, sustainability, environment, socioeconomic Overview of Lithium and Sustainability Challenge Associated with It Bolivia is a country located in South America, has a population of around 10 million while the GDP in 2012 was estimated at $27.43 billion: the table below summarizes other economic indicators for Bolivia. The resource that is associated with the region is lithium. Lithium is found in southwestern Bolivia, and the quantity is estimated as a third of what is found across the world.
To harvest the resource, the engineers mix with water and exposes the salt for evaporation resulting in the production of lithium.
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