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How would short- term advantages differ from the advantages of using a long-term perspective in managing our resources?

Answer
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Hint: The short-term exploitation of natural resources is beneficial for the present generation only, whereas the long-term exploitation of natural resources is beneficial for the future generation.

Complete answer: In a short- term perspective, resources are used in accordance with short- term aims. The present generation would be able to utilise the resources for growth and development. So, more resources would mean the availability of more convenience and comfort for the present generation. As a result, using more resources in a short period can also lead to boosting in the economy. In a long-term perspective, resources are used in accordance with the long- term aims. Not only the present generation but the future generation also will be able to utilise resources for fulfilling their needs. Moreover, there will be a lower level of pollution and if the resources are saved for the long run. In such a situation, no generation would be deprived of resources. It will enable the economy to grow over a longer timeframe.
The resources on the earth are limited because of the rapid increase in the human population; the demand for resources is increasing day by day. So, utilization of the natural resources should be done wisely, so that they fulfil the needs of both present generation and future generations. The proper management of resources takes into consideration long- term perspective and prevents the exploitation of resources for the short-term aim.

Note: The long- term use of resources can be achieved through its sustainable use. The term ‘sustainable development’ was first introduced in 1987. Sustainable development can help resources from being used completely and ensures its protection and rational use.