When may future welfare decline even if current GDP rises?
Answer and explanation
Correct answer: जब अपुनर्नवीकरणीय संसाधनों का तीव्र क्षय हो
The governing concept is sustainability: current production should not undermine the resources and environmental conditions needed by future generations. Rapid depletion of non-renewable resources may raise current GDP through extraction, yet reduce future productive capacity and welfare. Therefore option B is correct. Renewable energy, education investment, and forest conservation generally strengthen long-term welfare when managed effectively.
Frequently asked questions
What is the correct answer to this question?
जब अपुनर्नवीकरणीय संसाधनों का तीव्र क्षय हो
Why is this the correct answer?
The governing concept is sustainability: current production should not undermine the resources and environmental conditions needed by future generations. Rapid depletion of non-renewable resources may raise current GDP through extraction, yet reduce future productive capacity and welfare. Therefore option B is correct. Renewable energy, education investment, and forest conservation generally strengthen long-term welfare when managed effectively.
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.