how have technical and economic development led to more consumption of resources

How Have Technical And Economic Development Led To More Consumption Of Resources?

Economy 7 Mins Read January 15, 2022 Posted by Abdul Aziz mondol

Last Updated on: November 16th, 2024

Question: How Have Technical And Economic Development Led To More Consumption Of Resources?

Answer:

  • More consumption is providing the equipment that increases production, leading to more consumption of resources. 
  • Economic development leads to rising people’s needs, which results in more resource consumption.
  • The use of sophisticated foreword machinery further increases resource exploitation.
  • Economic development delivers a favorable environment for growing the latest modern technologies, which helps to convert various materials into resources.

Explanation:

You will get all of these four advantages after you incorporate the technical and economic approaches into your company. But want to know how technical and economic development led to more consumption of resources?

Each year the earth’s population is growing, and as a result the food to electricity, users is increasing. As a result, two types of resources are present in the environment. Some of the resources have a limitation.

Therefore, as we are starting to use them, they will be eliminated from the environment one day. However, some of the resources are relatively safe to use as the secure resources do not impact nature.

Here I will discuss all of these four points in the next section. After reading the entire article, you will understand why and how technology and economic growth deliberately increase resource consumption.

1. Equipment Uses Increases Production And Resources Consumption

Equipment Production Resources Consumption

Want to know how have technical and economic development led to more consumption of resources? The first advantage of technological and economic growth is increasing production.

The population of the earth is growing. As a result, the requirements of the people are also at the high end of the graph. As a result, most factories like to produce many items to meet the consumer’s demands.

How to improve the production numbers? Science is inventing more advanced systems and equipment to enhance production numbers.

Scientific development is the main factor responsible for technical and economic developments. And as science is growing and technological elements are inventing much modern equipment. These modern equipment are the main reasons for increasing the production.

For example, as the electricity modern equipment’s usages are increasing. Therefore, the electricity-generating resources like the water usage ratio will be increased.

2. Rising The People’s Needs

Rising The People’s Needs

As the people’s requirements increase, resource consumption will increase. The vast advancements and rising needs of the people’s requirements are also responsible for more consumption of resources.

People’s demands are not only increasing. Along with the increasing requirements, modern people are compatible with a faster life. And to lead a speedier life, you will need modern equipment.

For example, population growth is leading to more consumption of resources. Now people are becoming more technically advanced. As a result, they like to have modern equipment. These people’s requirements enhancements are directly impacting resource consumption.

3. Introduction Of Sophisticated Machinery

Introduction Of Sophisticated Machinery

Sophisticated machinery usage is straightforward, leading to resource usage. Now 80% of modern machinery consumes large amounts of resources consumptions. But few are targeting fewer consumptions of the resources.

The primary resources are water, heat, chemical power, and solar. Every day new scientific approaches are coming in fourth. Technical advancement invented many new types of machinery compatible with the modern lifestyle.

All of these are the primary sources, and for sophisticated machinery, these all are the power sources. You have to use the sun’s rays to generate power, even for solar plants.

This is the reason multiple types of sophisticated machinery were invented. Resource consumption is also getting much higher along with sophisticated machinery usage.

4. Convert Various Materials Into Resources

Convert Various Materials Into Resources

As the demand is growing and the increasing requirements of the people are the causes of finding multiple resources. The regular resources are not enough to power the new advanced improvement of the technologies.

This is why the people’s requirements have increased. Therefore, scientists are deliberately searching for alternative resources to meet global needs.

The economic developments are providing a supportive environment for new advancements. So when a country is developing, the people of the country are becoming more advanced.

This is the reason scientists and researchers are finding more resources. And these conversions are another reason for which technological advancements are responsible.

Benefits Of Using Sustainable Practices For Resource Consumption

The application of sustainable resource consumption can help you in reaching your goals with complete ease. Ensure that you follow the perfect solution that can make things easier for you to attain your objectives with complete ease.

1. Environmental Conservation 

Sustainable practices help preserve natural resources like water, energy, and raw materials. This conservation reduces the strain on ecosystems, protects biodiversity, and minimizes habitat destruction.

2. Reducing Carbon Foot Print 

Using resources more efficiently and adopting renewable energy sources helps lower greenhouse gas emissions. This is crucial in mitigating climate change and its associated impacts. You can reduce carbon emissions to the environment using this technique. It can keep the environment and surroundings free from pollution.

3. Cost Savings 

Sustainable practices often lead to reduced operational costs. For instance, using energy-efficient appliances or optimizing processes can lower utility bills, saving businesses and households money in the long run. This is a cost-saving technique that you can make use of from your end.

4. Innovation & Economic Growth 

Embracing sustainability fosters innovation. Companies investing in eco-friendly technologies or processes often drive economic growth by creating new markets, products, and employment opportunities.

5. Improved Reputation 

Businesses and individuals committed to sustainability build a positive reputation. Consumers increasingly support environmentally responsible companies, leading to greater customer loyalty and trust.

6. Offers Resource Security 

Sustainable practices promote the efficient use of resources, ensuring their availability for future generations. This helps in preventing resource depletion and scarcity. Try to make use of the best offers to maintain the security of the resources in the correct order. By incorporating sustainable practices into daily life, business operations, and policymaking, society can effectively address current environmental challenges while building a more resilient and prosperous future for generations to come. Collectively adopting sustainable practices globally can have a significant positive impact on global challenges like climate change, pollution, and resource depletion.

Sustainable Practices To Reduce Resource Consumption

Sustainable Practices To Reduce Resource Consumption

We are the generation of sustainability. There has never been any other generation ever that was so keen on maintaining sustainable practices for future generations. With initiatives such as the Millennium Development Goals or the Sustainable Development Goals, the world is slowly becoming a better place for the generations to come.

Here are some of the ways in which you can practice sustainability to reduce the consumption of resources.

Reduce, Reuse, And Recycle

One of the most effective and successful ways of reducing the usage of resources and their impact on the environment is by reducing the consumption of resources, reusing items as much as you can, and recycling materials that may not be reused. This may be done with the help of practices like using reusable plastic bags, composting, and careful disposition of hazardous waste.

Energy Efficiency 

Improving the efficiency of energy inside your homes, transportation, and workplaces may help reduce your reliance on perishable resources, such as fossil fuels. You may practice this by using appliances and lighting that are energy efficient. You must also turn off all the electronics and lights when you are not using them. Also, you may keep a habit of using public transport or carpooling instead of driving alone each day.

Renewable Energy

When you use renewable sources of energy such as wind, solar, or geothermal energy, you will be helping the planet by reducing the amount of greenhouse gas emissions. This way, you will also be building your reliance on infinite resources, which is one of the healthiest habits in the long run. Many households and businesses have already taken the initiative of installing wind turbines, solar panels, and other renewable energy systems to help generate their own source of electricity.

Sustainable Agriculture

You may as well practice organic farming, regenerative agriculture, and crop rotation, which could help reduce the impact that agriculture has on the environment and, at the same time, promote the sustainable use of water and land resources.

Conservation Of Water 

Water conservation may help in reducing the impact that we have on freshwater resources and safeguard all aquatic ecosystems. This may be done with the help of practices such as using water-efficient appliances, fixing faucet leaks, and xeriscaping.

Sustainable Transportation 

Once you reduce your reliability on vehicles that support only single occupancy, you can help reduce the emission of greenhouse gasses and, at the same time, other impacts on the environment. You may do this by using public transport, walking, biking, or even carpooling.

Frequently Asked Questions (FAQ):

1. What Do You Understand By Technical And Economical Development?

Economic development provides a favorable environment for the latest technical advancements. It is going to help you to convert the various materials into resources. And it is improving the newly available resources.

2. What Is Sustainable Development?

Sustainable development is a type of development that will meet the present generation’s requirements. But these conditions will not harm future generations’ requirements and needs. This means the resource is like never-ending materials.

3. What Is Technical Economics?

Every factory and manufacturing unit has some output factors like labor, capital, and technologies. When a factory’s technical efficiency and effectiveness give you the option to produce a large number of outputs, this production is possible when you are giving the maximum amount of input.

The ratios of the output factors are sufficient. Then you can address the fact that factory production is technically economical.

Conclusion:

Now you know which are the answers to how technical and economic development led to more consumption of resources. Unless a country is not going to leap technological and economic advancements, the resources used remain in the same stage. These four are the main advancement areas that are directly affected by technical and financial advances. Read it and let us know your opinion in the comment sections.

Read Also:

Abdul Aziz Mondol is a professional blogger who is having a colossal interest in writing blogs and other jones of calligraphies. In terms of his professional commitments, he loves to share content related to business, finance, technology, and the gaming niche.

Leave a Reply

Your email address will not be published. Required fields are marked *