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Read the passage and answer the following questions: Modern economies do not differentiate between renewable and non-renewable materials, as its method is to measures everything by means of a money price. Thus, taking various alternatives fuels, like coal, oil, wood or water power: the only difference between them recognized by modern economics is the relative cost per equivalent unit. The cheapest is automatically the one to be preferred, as to do otherwise would be irrational and 'uneconomic'. From a Buddhist point of view, of course, this will not do, the essential difference between non-renewable fuels like coal and oil on the one hand and renewable fuels like wood and water power on the other cannot be simply overlooked. Non-renewable goods must be used only if they are indispensable, and then only with the greatest care and the highest concern for conservation. To use them carelessly or extravagantly is an act of violence, and while complete non-violence may not be possible on earth, it is nonetheless the duty of man to aim at deal of non-violence in all he does.
In this passage, the author is trying to
differentiate between renewable and non-renewable materials
show that the modern economist is only concerned with costs
underline the need for conserving natural resources
different between two economic philosophies
The correct answer is (d). The author has described the differentiation between the two philosophers.
By: Gaurav Rana ProfileResourcesReport error
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