Why can excessive use of natural resources reduce future welfare?
Answer and explanation
Correct answer: Because fewer resources remain for future generations
The governing idea is sustainable development and intergenerational welfare. Excessive extraction reduces available stocks of minerals, forests, water or other resources and may also create environmental damage. Future generations then have fewer productive resources and poorer living conditions, so option D is correct. Current output need not become zero, resources do not automatically become renewable, and demand does not disappear.
Frequently asked questions
What is the correct answer to this question?
Because fewer resources remain for future generations
Why is this the correct answer?
The governing idea is sustainable development and intergenerational welfare. Excessive extraction reduces available stocks of minerals, forests, water or other resources and may also create environmental damage. Future generations then have fewer productive resources and poorer living conditions, so option D is correct. Current output need not become zero, resources do not automatically become renewable, and demand does not disappear.
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.
