Q. 1. How do advantages of exploiting natural resourceswith short-term aims differ from the advantagesof managing our resources with a long-termperspective?

Q. 1. How do advantages of exploiting natural resourceswith short-term

1.	Q. 1. How do advantages of exploiting natural resourceswith short-term aims differ from the advantagesof managing our resources with a long-termperspective?
Answer» There are number of advantages associated with exploiting resources with short term aims. These are increases gains associated with short aims as opposed to long term aims, much greater gains, capital rotation, quicker and better working of mind to deal with the resources and development of the nation as a whole. Also we would be saving the resources for our future generations.Inthe case of a long-time perspective in managing our resources, these resources will last for the generations to come. This management ensures uniform distribution among the people. It conserves the natural resources for many years and not just for a few years, as in the case of a short-term perspective in conserving natural resources.