If output growth is based on depletion of non-renewable resources and rising pollution, what type of growth is it?
Answer and explanation
Correct answer: Unsustainable growth
Sustainable growth requires meeting present needs without seriously reducing the ability of future generations to meet theirs. Growth that depends on exhausting non-renewable resources and increasing pollution may raise current GDP, but it imposes environmental costs and weakens future productive capacity and welfare. Hence D is correct. Green growth would reduce environmental harm, while A and C contradict the stated conditions.
Frequently asked questions
What is the correct answer to this question?
Unsustainable growth
Why is this the correct answer?
Sustainable growth requires meeting present needs without seriously reducing the ability of future generations to meet theirs. Growth that depends on exhausting non-renewable resources and increasing pollution may raise current GDP, but it imposes environmental costs and weakens future productive capacity and welfare. Hence D is correct. Green growth would reduce environmental harm, while A and C contradict the stated conditions.
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.