Question

Long term planning is required when dealing with exhaustible resources.Explainwith examples

Answer 1

Exhaustible resources are resources that cannot be renewed or rebuilt or recycled. These are important resources for the mankind as petrol and coal are used for running vehicles and oil is used for running machines in industries. They have to be taken care of so that they can be used for longer time. There is nothing else that can be replaced by these resources. So, long term planning is required when we talk about the exhaustible resources.