What is meant by exploitation of resources with short aims? List its four advantages
Use of resources for the benefit of a few rich and powerful people in order to fulfil short-term aims and the present needs is called exploitatation of resources with short aims. Its advantages are: Maximises profit without any accountability. Increases growth rate of economy for that duration. They fulfil the needs of the present generation. Ensures availability of a variety of raw materials for human use.
