How do advantages of exploiting natural resources with short term?
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There are number of advantages associated with exploiting resources with short term aims. These are increases gains associated with short aims as opposed to long term aims, much greater gains, capital rotation, quicker and better working of mind to deal with the resources and development of the nation as a whole. Also we would be saving the resources for our future generations. In the case of a long-time perspective in managing our resources, these resources will last for the generations to come.
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There are number of advantages associated with exploiting resources with short term aims. These are increases gains associated with short aims as opposed to long term aims, much greater gains, capital rotation, quicker and better working of mind to deal with the resources and development of the nation as a whole.