Supply-Demand Reversal
View Complete Answer & Explanation
Question (English)
The current environmental crisis is due to:
- Decreased demand and increased supply of resources
- Increased demand but limited supply of environmental resources ✓ Correct
- Equal demand and supply
- No demand for resources
Explanation:
Correct Answer Explanation
We are now faced with increased demand for environmental resources and services but their supply is limited due to overuse and misuse.
Key Points:
- This is a reversal from early times when supply exceeded demand.
- Resource extraction now exceeds rate of regeneration.
- Wastes exceed absorptive capacity of the environment.
Why Other Options Are Wrong
- A, C, D: The crisis is specifically due to demand exceeding supply.
📚 About this Topic — CH-7: ENVIRONMENT AND SUSTAINABLE DEVELOPMENT
This multiple choice question is from CH-7: ENVIRONMENT AND SUSTAINABLE DEVELOPMENT, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-7: ENVIRONMENT AND SUSTAINABLE DEVELOPMENT to strengthen your preparation.
