Welcome to the NCERT Solutions for Class 11 Economics - Indian Economic Development - Chapter Environment and Sustainable Development. This page offers a step-by-step solution to the specific question from Exercise 1, Question 13: . With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.
State any four pressing environmental concerns of India. Correction for environmental damages involves opportunity costs — explain.
Air pollution, water contamination, soil erosion, deforestation and wildlife extinction are some of the most pressing environmental concerns for India. But the priority issues include global warming, land degradation, ozone depletion and management of freshwater. Opportunity cost is the cost that is foregone when we make a choice or a decision. If a piece of land is to be used for wheat production then the production of say, rice, is to be sacrificed. The loss of rice production is the opportunity cost of producing wheat. In the similar way, the opportunity cost of correction for environmental damages refers to the huge amount of expenditure incurred on searching for new efficient alternatives. The heavy intensive and extensive extraction of both renewable and non-renewable resources demands expenditure for exploring new alternative resources in order to avoid an environmental crisis. The discovery of such resources requires heavy investment by the government. Also, implementation and maintenance of these alternative resources involve very high cost. The best example is the advent of CNG in order to reduce the rising problem of pollution in Delhi. The government has incurred heavy investment to popularise CNG and to make the consumers aware regarding its uses. Therefore, the correction for environmental damages involves opportunity cost that is very high.
Match the following:
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1. Prime Minister 3. Quota 4. Land Reforms 5. HYV Seeds 6. Subsidy |
A. Seeds that give large proportion of output C. Chairperson of the planning commission D. The money value of all the final goods and services produced within the economy in one year. E. Improvements in the field of agriculture to increase its productivity F. The monetary assistance given by government for production activities. |
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Read MoreWelcome to the NCERT Solutions for Class 11 Economics - Indian Economic Development - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 13: State any four pressing environmental concerns of India. Correction for environmental damages involv....
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