economics/
environment-and-sustainable-development

CLASS 12-COMMERCE . ECONOMICS . INDIAN ECONOMIC DEVELOPMENT . ENVIRONMENT AND-SUSTAINABLE-DEVELOPMENT

Chapter 7 : Environment and Sustainable Development

Ch 7

ECONOMICS

CLASS 12-COMMERCE

Environment

Concept Explanation: Environment refers to the surroundings or conditions in which organisms live and operate. It encompasses both physical and biological components that sustain life and provide resources.

Key Definitions / Features:

  • Physical Environment: Also known as the non-biological environment, it includes land, water, climate, mountains, minerals, and other natural resources provided by nature.
  • Biological Environment: Also called the living environment, it includes humans, animals, birds, plants, and microorganisms.
  • Functions and Role of Environment:
    • Supplies resources essential for life and economic activities.
    • Sustains life by maintaining ecological balance.
    • Assimilates waste products, helping in natural recycling.
    • Enhances the quality of life through ecosystem services.

Illustrative Example: Forests provide oxygen, timber, and habitat for wildlife, illustrating the environment's role in resource supply and life sustenance.

Practice Set:

  • Level 1 – Easy: Define physical and biological environment with examples.
  • Level 2 – Moderate: Explain the functions of the environment in sustaining life.
  • Level 3 – Challenging: Discuss how the environment assimilates waste and its importance for economic development.

Answer Key:

  • Physical environment includes non-living components like land and water; biological environment includes living organisms.
  • Functions include resource supply, life sustenance, waste assimilation, and quality of life enhancement.
  • Assimilation of waste involves natural processes like decomposition and absorption, preventing pollution and maintaining ecological balance.

Quick Reference: Environment = Physical + Biological components; Functions = Resources + Life support + Waste assimilation + Quality of life.

Glossary:

  • Environment: Surroundings in which organisms live.
  • Physical Environment: Non-living natural components.
  • Biological Environment: Living organisms and ecosystems.

Causes of Environment Degradation

Concept Explanation: Environment degradation refers to the deterioration of the environment through depletion of resources, destruction of ecosystems, and pollution.

Key Causes:

  • Population growth
  • Poverty
  • Agricultural development
  • Industrialisation
  • Transport development
  • Urbanisation
  • Foreign indebtedness
  • Market failure

Definitions:

  • Poverty: The inability to sustain basic livelihood needs.
  • Urbanisation: Expansion of cities and urban areas.

Illustrative Example: Rapid industrialisation without pollution control leads to air and water pollution, degrading the environment.

Practice Set:

  • Level 1 – Easy: List any four causes of environment degradation.
  • Level 2 – Moderate: Explain how urbanisation contributes to environmental degradation.
  • Level 3 – Challenging: Analyze the role of market failure in environmental degradation with examples.

Answer Key:

  • Causes include population growth, poverty, industrialisation, urbanisation.
  • Urbanisation increases demand for land and resources, leading to deforestation and pollution.
  • Market failure occurs when environmental costs are not reflected in prices, leading to overuse and pollution.

Quick Reference: Causes mnemonic: Peter Pan Ate Indian Tart Under Frozen Mango (Population, Poverty, Agriculture, Industrialisation, Transport, Urbanisation, Foreign debt, Market failure).

Glossary:

  • Market Failure: Inefficient allocation of resources causing environmental harm.
  • Foreign Indebtedness: External debt affecting economic decisions impacting environment.

Effects of Economic Development on Environment or Resources

Concept Explanation: Economic development impacts the environment and natural resources in various ways, often leading to degradation and pollution.

Key Effects:

  • Global warming
  • Depletion of ozone layer
  • Environmental crisis
  • Rise in opportunity cost of negative environmental impacts
  • Supply-demand reversal of environmental resources
  • Air pollution
  • Water pollution
  • Solid and hazardous waste accumulation
  • Deforestation
  • Land degradation

Definitions:

  • Ozone Layer: Atmospheric layer protecting Earth from UV radiation.
  • Water Pollution: Contamination of water bodies by waste.
  • Air Pollution: Contamination of air by industrial and vehicular emissions.

Effect of Global Warming on Economic Development:

  • Loss of agricultural productivity
  • Reduced labour supply and productivity
  • Inflation due to reduced production
  • Depletion of natural resources

Illustrative Example: Increased air pollution from factories leads to health issues, reducing workforce productivity and increasing healthcare costs.

Practice Set:

  • Level 1 – Easy: Define global warming and list two effects on the environment.
  • Level 2 – Moderate: Explain how economic development causes depletion of the ozone layer.
  • Level 3 – Challenging: Discuss the opportunity cost of environmental degradation with examples.

Answer Key:

  • Global warming is the rise in Earth's surface temperature due to greenhouse gases.
  • Effects include air pollution and deforestation.
  • Economic activities release chemicals that destroy ozone molecules, thinning the ozone layer.
  • Opportunity cost includes loss of ecosystem services and health costs due to pollution.

Quick Reference: Effects mnemonic: Global Deforestation Extracts Radiation from Sun (Global warming, Depletion of ozone, Environmental crisis, Rise in opportunity cost, Supply-demand reversal).

Glossary:

  • Global Warming: Increase in Earth's surface temperature.
  • Deforestation: Clearing of forests for development.

Sustainable Development

Concept Explanation: Sustainable development is development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.

Strategies to Achieve Sustainable Development:

  • Use of non-conventional energy sources
  • Promotion of LPG and Gobar gas in rural areas
  • Use of CNG in urban areas
  • Harnessing wind power and solar power through photovoltaic cells
  • Development of mini hydel plants
  • Bio-composting
  • Bio-pest control

Illustrative Example: Solar panels installed in rural areas reduce dependence on fossil fuels, promoting sustainable energy use.

Practice Set:

  • Level 1 – Easy: Define sustainable development.
  • Level 2 – Moderate: List three strategies to achieve sustainable development.
  • Level 3 – Challenging: Evaluate the role of renewable energy in sustainable development.

Answer Key:

  • Sustainable development balances present needs with future resource availability.
  • Strategies include non-conventional energy, bio-composting, and bio-pest control.
  • Renewable energy reduces pollution and conserves resources, essential for sustainability.

Quick Reference: Sustainable development = Present needs + Future resource conservation.

Glossary:

  • Non-conventional Energy: Energy sources like solar, wind, and bio-gas.
  • Bio-composting: Using organic waste to produce compost.

ECONOMICS — ALL CHAPTERS

1

Indian Economy On The Eve Of Independence

2

Indian Economy 1950–1990

3

Liberalisation, Privatisation And Globalisation: An Appraisal

4

Human Capital Formation In India

5

Rural Development

6

Employment : Growth, Informalisation And Other Issues

7

Environment and Sustainable Development

8

Comparative Development Experiences of India And Its Neighbours

1

Introduction

2

National Income Accounting

3

Money and Banking

4

Determination of Income and Employment

5

Government Budget and the Economy

6

Open Economy Macroeconomics