Question 12

How are the rates of consumption of energy and economic growth connected?

Answer

The rate of consumption of energy is crucial for the economic growth or development process of a nation. The consumption of renewable sources of energy is related to sustainable economic development. The renewable sources of energy are free from pollution and health hazards. Also, energy consumption is essential for promoting agriculture and industrial processes. Hence, more use of renewable sources of energy leads to more sustained economic development.

Popular Questions of Class 11 Economics - Indian Economic Development

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