Question

What would be the advantages of exploiting resources with short term aims?
How would these advantages differ from the advantages of using a long term perspective in managing our resources?explai e.

Answer 1

1.
There is a need to exploit our resources carefully. The demand for the resources is increasing at an alarming rate and these should be used in such a manner that they last for the generations to come. The advantage of exploiting resources with short-term aims will make the resources available in large quantity and the speed of development will be accelerated. Ultimately, hardly any resources will be left for the future generations. Therefore, using reserves with a short-term aim will prove suicidal and disastrous. We should use resources with a long-term aim which form the basis for sustainable management.
2.
If resources are used in accordance with short term aims, present generation will be able to utilize the resources properly for growth and development.
But if we use resources with long term aims, future generation will also be able to utilize resources for fulfilling its needs.
Thus it would be better to use our natural resources with a long term perspective so that it could be used by the present generation as well as conserved for future use. But it will deprive future generation from the benefits of these resources as resources are exhaustible.