Question

What would be the advantages of exploiting resources with short-term aims?

Answer 1

Hint: The resources available on earth are vital or essential for the survival and development of the human population. Many of them are limited and beyond the capacity of being renewed.

Complete step by step answer:
The exploitation of natural resources means the use of natural resources for economic growth. This involves the extraction and processing of raw materials for use in various industries. During the 20th-century energy consumption has increased rapidly with the increase in population. Today about ${ 80 }$% of the energy consumption is stained by the extraction of fossil fuels such as oil, coal, and gases. Exploitation can be done with short term aims for long term aims. Exploitation with the short term means that consumption of resources in such a way that they will be used for achieving our short term goals without considering for the future generation.
Exploitation with long term aims means the consumption of resources in such a way that after using it will remain for our future generation also. Exploitation which is short term has advantages and disadvantages both.
The following are the advantages of short term aims:
- The present generation will be able to utilize these resources properly for their growth and development
- This will help in faster growth of industries
- The present generation will be benefited from various kinds of development.
- Present generation can utilize these resources to the maximum they can use for their development.
Besides these advantages, there are many disadvantages to this exploitation with short term aims.
- The disadvantage for the present generation is to meet their daily requirement for present or current use but what about their future.
- We can enjoy the comforts of life but we would damage our environment gradually.
- This will last the resources in our generation to fulfill our needs only and there will be nothing left for the future generation.

Note:
- The consumption of resources in such a way that they can help in achieving short- term goals without concern for future generations.
- It provides the immediate advantage of meeting current basic human needs to be fulfilled.
- Improvement of the lifestyles of people increases the pollution levels, global warming, depletion of resources, etc.