ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Resource consumption is the consumption of resources – any and all resources – in a specific area. Resource consumption includes water, energy, oil, and any other natural or unnatural resource that a population is using.

Detailed explanation-2: -Measures of resource consumption are resource intensity and resource efficiency. Industrialization and globalized markets have increased the tendency for overconsumption of resources.

Detailed explanation-3: -Overconsumption means consuming resources that we cannot replenish or that cannot sustain themselves at the rate we are consuming them. Ecosystems are unable to cope with excessive resource extraction, resulting in biodiversity loss and the deterioration of the natural world.

Detailed explanation-4: -The direct environmental impacts of resource use include the degradation of fertile land, water shortages, waste generation, toxic pollution, and biodiversity loss in terrestrial and freshwater ecosystems.

Detailed explanation-5: -Resource consumption is the use of natural resources such as food, energy and water.