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Question -

How would these advantages differ from the advantages of using a long-term perspective in managing our resources?



Answer -

The long-term model of resource consumption enables the conservation of the resources for them to be used by future generations. This will enable the economy to grow over a longer timeframe. It also provides more time for technology to advance and discover new, sustainable energy sources (such as nuclear fusion and fuel cells). All in all, the long-term perspective in managing of resources has significantly greater advantages when compared to the short-term perspective.

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