Question

Distinguish between short term aims and long term aims of managing natural resources.

Answer 1

Natural resources:

Natural resources are living and non-living substances which are being exploited to meet various human demands. They are of two kinds:

1. Inexhaustible natural resources - solar radiation, air, and water
2. Exhaustible natural resources - fossil fuels, soil, minerals, etc.

These natural resources are managed either through short-term aims or long-term aims.

Short-term aims: Aims that provide immediate benefit to the present generation for utilizing and managing the natural resources.

Long-term aims: Aims that provide benefits to future generations along with present generations for utilizing and managing the natural resources.

Short-term aims	Long-term aims
1) Only the present generation can utilize natural resources properly for their growth and development.	1)Both the present and the future generations can utilize the natural resources properly for growth and development.
2)The economy grows fast and urbanization and industrialization occur at a fast rate	2)The economy grows over a long - time and there is gradual urbanization and industrialization.
3)It is for a concise duration so discovering new, sustainable energy sources is impossible.	3)It is for a long duration so discovering new, sustainable energy sources can be done.