Question

What is meant by exploitation of resources with short term aims? List its four advantages.

Answer 1

The exploitation of natural resources is the use of natural resources for humanity's purposes. Actually it is the depletion of natural resources for present and future generation.
The advantages of exploiting resources with short term aims will be as under.
(a) Industrial growth will be fast
(b) The percentage of gains will be much higher in comparison to long term aims.
(c) The Capital rotation will be faster.
(d) Rapid Agricultural development.