If economic growth is based on rapid resource depletion and rising pollution, how should it be classified?
Answer and explanation
Correct answer: Unsustainable growth
Sustainable growth increases present economic output without seriously reducing the ability of future generations to meet their needs. Rapid depletion of natural resources weakens the future resource base, while rising pollution imposes environmental and health costs. Therefore, the described pattern is unsustainable growth, making option D correct. Green or sustainable growth would require efficient resource use and control of environmental damage.
Frequently asked questions
What is the correct answer to this question?
Unsustainable growth
Why is this the correct answer?
Sustainable growth increases present economic output without seriously reducing the ability of future generations to meet their needs. Rapid depletion of natural resources weakens the future resource base, while rising pollution imposes environmental and health costs. Therefore, the described pattern is unsustainable growth, making option D correct. Green or sustainable growth would require efficient resource use and control of environmental damage.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.