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Identify the correct statement.
  • a)
    Opportunity cost of environmental impacts need not be considered for sustainable development in India.
  • b)
    Opportunity cost of negative environmental impacts are high in India.
  • c)
    Opportunity cost of positive environment impacts are higher than the negative impacts in a growing economy like India.
  • d)
    Opportunity cost of negative environmental impacts is not a concern for development in India
Correct answer is option 'B'. Can you explain this answer?
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Identify the correct statement.a)Opportunity cost of environmental imp...
The country has to pay huge amount for damages done to human health. The health cost due to degraded environmental quality have resulted in diseases like asthma, cholera, etc. Huge expenditure is incurred in treating the diseases
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Identify the correct statement.a)Opportunity cost of environmental imp...
The correct statement is option B: Opportunity cost of negative environmental impacts are high in India.

Explanation:
Opportunity cost refers to the cost of forgoing the next best alternative when making a decision. In the context of sustainable development, it means considering the trade-offs between economic development and negative environmental impacts.

In the case of India, the opportunity cost of negative environmental impacts is indeed high. Here's why:

1. High population density:
India is the second-most populous country in the world, with a population of over 1.3 billion. This high population density puts immense pressure on the environment, leading to increased resource consumption, pollution, and degradation.

2. Rapid economic growth:
India has been experiencing rapid economic growth in recent years, which has led to increased industrialization, urbanization, and infrastructure development. While economic growth is essential for development, it often comes at the cost of environmental degradation.

3. Pollution levels:
India faces significant challenges in managing pollution levels in various forms, including air, water, and soil pollution. The burning of fossil fuels, industrial emissions, inadequate waste management, and deforestation contribute to environmental degradation and negatively impact human health.

4. Climate change vulnerability:
India is highly vulnerable to the impacts of climate change, including rising temperatures, changing rainfall patterns, and increased frequency and intensity of extreme weather events. These changes have adverse effects on agriculture, water resources, ecosystems, and overall socio-economic development.

5. Health consequences:
The negative environmental impacts in India have severe health consequences for its population. Air pollution, for example, contributes to respiratory diseases and other health issues, leading to increased healthcare costs and decreased productivity.

Considering these factors, it becomes evident that the opportunity cost of negative environmental impacts in India is high. While economic development is crucial, it must be pursued in a sustainable manner, taking into account the long-term costs and benefits to the environment and society. Efforts towards sustainable development in India should focus on reducing pollution, promoting renewable energy, improving waste management, and conserving natural resources to minimize the opportunity cost of negative environmental impacts.
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Identify the correct statement.a)Opportunity cost of environmental impacts need not be considered for sustainable development in India.b)Opportunity cost of negative environmental impacts are high in India.c)Opportunity cost of positive environment impacts are higher than the negative impacts in a growing economy like India.d)Opportunity cost of negative environmental impacts is not a concern for development in IndiaCorrect answer is option 'B'. Can you explain this answer?
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Identify the correct statement.a)Opportunity cost of environmental impacts need not be considered for sustainable development in India.b)Opportunity cost of negative environmental impacts are high in India.c)Opportunity cost of positive environment impacts are higher than the negative impacts in a growing economy like India.d)Opportunity cost of negative environmental impacts is not a concern for development in IndiaCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Identify the correct statement.a)Opportunity cost of environmental impacts need not be considered for sustainable development in India.b)Opportunity cost of negative environmental impacts are high in India.c)Opportunity cost of positive environment impacts are higher than the negative impacts in a growing economy like India.d)Opportunity cost of negative environmental impacts is not a concern for development in IndiaCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the correct statement.a)Opportunity cost of environmental impacts need not be considered for sustainable development in India.b)Opportunity cost of negative environmental impacts are high in India.c)Opportunity cost of positive environment impacts are higher than the negative impacts in a growing economy like India.d)Opportunity cost of negative environmental impacts is not a concern for development in IndiaCorrect answer is option 'B'. Can you explain this answer?.
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