socio-economic scenarios

Socio-economic scenarios are projections about how societies and economies might develop in the future based on current trends, policies, and potential changes. They consider factors like population growth, technological advancements, economic shifts, social behaviors, and policies to help plan for possible futures. These scenarios help governments, businesses, and researchers understand risks, opportunities, and challenges, guiding decision-making to create sustainable and resilient strategies. Instead of predicting one outcome, they explore different plausible futures, enabling better preparation for a range of possible developments.