Imagine if oil supplies get exhausted, how will this affect our life style?
NCERT Class 10th Social Science (Contemporary India II) Chapter 1 Resources and Development
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If oil supplies get exhausted, it will definitely affect our lifestyles. Just like transportation will be affected because this valuable commodity is refined to make the patrol that is used for cars and other vehicles. From an economic perspective, if the demand for electricity exceeds supply, prices will rise and we will be more selective in using electricity properly. Now, we should not worry about the oil supplies because it’s not going to exhaust in coming years. Moreover, there are other alternatives present too.
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