Question

Environment should not be viewed as a resource but as a capital that needs to be managed carefully. Justify the statement by giving four arguments.

Answer 1

“Environment should not be viewed merely as a resource but as capital that needs to be managed carefully”, Justification:

1. Finite and Exhaustible Nature: Natural resources are finite and exhaustible, including forests, minerals, and fossil fuels. Overexploitation without replenishment creates long-term ecological imbalances.
2. Foundation of Economic Activities: The environment is crucial for agriculture, industry, and services, serving as the foundation of economic activities. Preserving resources, including capital, is crucial for sustaining livelihoods and economic growth.
3. Environmental Degradation Impacts Future Generations: Environmental degradation has long-term effects for future generations, including pollution, climate change, and biodiversity loss.
4. Need for Sustainable Development: Treating the environment as capital promotes conservation, efficient usage, and investment in renewables, leading to long-term sustainability and intergenerational equity.