Intergenerational equity in economic, psychological, and sociological contexts, is the idea of fairness or justice between generations. The concept can be applied to fairness in dynamics between children, youth, adults, and seniors. It can also be applied to fairness between generations currently living and future generations. Conversations about intergenerational equity occur across several fields. It is often discussed in public economics, especially with regard to transition economics, social policy, and government budget-making. Many cite the growing U.S. national debt as an example of intergenerational inequity, as future generations will shoulder the consequences. Intergenerational equity is also explored in environmental concerns, including sustainable development, and climate change. The continued depletion of natural resources that has occurred in the past century will likely be a significant burden for future generations. Intergenerational equity is also discussed with regard to standards of living, specifically on inequities in the living standards experienced by people of different ages and generations. Intergenerational equity issues also arise in the arenas of elderly care, social justice, and housing affordability. The debate around political rights for youth, children and future generations includes discussions around when people should have political power, and how much they should have. Adam Benforado argues, for example, that giving children more political rights than adults results in everyone being better off. Those seeking rights or greater consideration for future generations discuss methods such as deliberative democracy or a dedicated agency. Since the first recorded debt issuance in Sumaria in 1796 BC, one of the penalties for failure to repay a loan has been debt bondage. In some instances, this repayment of financial debt with labor included the debtor's children, essentially condemning the debtor family to perpetual slavery.

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Youth rights
The youth rights movement (also known as youth liberation) seeks to grant the rights to young people that are traditionally reserved for adults, due to having reached a specific age or sufficient maturity. This is closely akin to the notion of evolving capacities within the children's rights movement, but the youth rights movement differs from the children's rights movement in that the latter places emphasis on the welfare and protection of children through the actions and decisions of adults, while the youth rights movement seeks to grant youth the liberty to make their own decisions autonomously in the ways adults are permitted to, or to lower the legal minimum ages at which such rights are acquired, such as the age of majority and the voting age.
Sustainability
Sustainability is a social goal for people to co-exist on Earth over a long time. Specific definitions of this term are disputed and have varied with literature, context, and time. Experts often describe sustainability as having three dimensions (or pillars): environmental, economic, and social, and many publications emphasize the environmental dimension. In everyday use, sustainability often focuses on countering major environmental problems, including climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution.
Youth participation
Youth participation is the active engagement of young people throughout their own communities. It is often used as a shorthand for youth participation in any many forms, including decision-making, sports, schools and any activity where young people are not historically engaged. Youth participation, also called youth involvement, has been used by government agencies, researchers, educators, and others to define and examine the active engagement of young people in schools, sports, government, community development and economic activity.
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