Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Environment and Sustainable Development

Question:

According to Herman Daly, how can we achieve sustainable development?

Options:

Limiting population to a level within the carrying capacity of environment

Making technological progress input efficient

Rate of depletion should be less than rate of creation/regeneration

All of the above

Correct Answer:

All of the above

Explanation:

According to Herman Daly, a leading environmental economist, to achieve sustainable development, the following needs to be done

  • Limiting the human population to a level within the carrying capacity of the environment
  • Technological progress should be input efficient and not input consuming
  • Renewable resources should be extracted on a sustainable basis i.e rate of depletion should be less than the rate creation and for non-renewable resources rate of depletion should not exceed the rate of creation
  • Inefficiencies arising from pollution should be corrected