Question

What do you understand by exploitation of resources with short term aims? State any four advantages of it.

Answer 1

Short term aims:

Short-term goals are something you want to reach quickly. Short-term goals help make a big difference.

Resources exploitation with a short-term goal are as follows:

Short-term resource exploitation refers to the usage of resources in such a way that they aid in the achievement of short-term goals while ignoring future generations.
The following are some of the benefits of utilizing resources for short-term gain are:

1. The industrial expansion will be quick.
2. In comparison to long-term goals, the gain percentage will be substantially higher.
3. Capital will rotate more quickly.
4. It will result in the rapid development of agriculture.