Question

What is the exploitation of resources with short term aims? List its four advantages.

Answer 1

The exploitation of resources with short-term aims means the consumption of resources in such a way that they can help in achieving the short term goals without the concern for future generations.

The advantages of exploiting resources with short term aims will be: 
(a) Industrial growth will be fast. 
(b) The percentage of gains will be much higher in comparison to long term aims.  
(c) Capital rotation will be faster.  
(d) It will lead to rapid agricultural development.