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Question

Meaning of exploiting resources with short term aim

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Solution

Exploitation of resources with short term aims means that management of natural resources is done in such a way so as to achieve short-term gains which are enjoyed by just a handful of rich and poserful people. Resources are exploited to the half to meet the needs of the present generation without thinking of the needs of future generations.

Advantages :

  1. The main advantage of exploiting resources with short-term perspective is to get huge profit without any accountability.
  2. These resources fulfil the needs of present generation.
  3. Man gets a variets of raw materials from natural resources which are indispensable for the growth and development of our present day industries.
  4. It increases the (present day) growth rate of economy.



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