Illustrate with suitable examples how economic development has been leading to faster consumption of resources ? Do you consider it a desirable situation?
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Economic growth means the increase in a national income of a country.
The contribution of an educated person to the economic growth is more than that of an illiterate person.
Similarly, A healthy person also contribute to economic growth by providing interrupted labour supply for a longer period of time.
Thus, both education abd health, along with many other factors like on the job training, job market information and migration, increases 9th income generating capacity of an individual
Machines accelerate the production and distrubution of goods. Work can be done in lesser time and efforts. This also reduces the unit cost.
The rich countries like the united states, Japan , and those in Western Europe , have been using modern machines in agriculture, industry, and service organization.
The growth of markets reflects an expanding economic development. For as long as the various sectors of the economy are equitably benefited, economic growth is real and enduring.
Transportation, communication and electricity greatly gelp in the growth of markets. In addition, Contact between sellers and buyers is easier and more convenient.
Market becimes bigger when more people buy more goods
Obviously, it is unfair for any government agency to tell farmers to improve their production methods if there are no profitable markets for their products worst. if there are not even feeder roads connecting their farm to the markets.