Question
Despite the popularity of economic liberal ideas and
globalization, the increasing severity of energy and environmental problems has raised many questions about the ability of markets to solve these problems. Kyoto Agreement ultimately resulted in the creation of a market-based system. The privatization of environmental problems has helped to reduce greenhouse gas emissions while generating significant amounts of wealth.Arguments:I. Yes, it is important to balance economic goals with environmental protection to ensure a sustainable future for generations to come.II. No, economic liberal ideas and globalisation directly help in conserving climate and thereby there is no need to implement the market-based system. The question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the argument is either a ‘strong’ argument or ‘weak’ argument or both or neither of them is ‘strong’ or ‘weak’.Solution
Argument I supports the main idea presented in the passage by acknowledging the importance of balancing economic goals with environmental protection for ensuring a sustainable future. It acknowledges the need to address environmental problems while pursuing economic growth.
On the other hand, argument II is weak because it contradicts the main idea presented in the passage. The passage argues that economic liberal ideas and globalization have raised questions about the ability of markets to solve energy and environmental problems. Therefore, the argument that economic liberal ideas and globalization help in conserving climate and there is no need to implement market-based solutions is not valid and weak.
What significant collaboration was highlighted at the 'Lok Samvardhan Parv' event, and which organizations participated in the marketing linkages?
Who won bronze medals in the recurve category at the Archery World Cup Stage 2 in 2025?
Paytm Payments Services Ltd. (PPSL) recently secured an in-principle Payment Aggregator (PA) licence from the RBI. Under which act was this approval gra...
What is the theme of World Theatre Day 2025?
Recently RBI has added how many new entities to its ‘alert list’ of those providing unauthorised forex-trading platforms to Indian citizens online?<...
What is the current policy repo rate as decided by the MPC (Aug 2025)?
According to the International Transition Alliance (ITA) report, India ranks third globally with how many clean industrial projects?
What is the expected size of India’s mining equipment market by 2033?
What ensures uninterrupted connectivity between Kashmir and Ladakh during winters in the Z-Morh tunnel?
What was the value of India’s external debt at the end of March 2025?