NCERT Solutions for Class 10 Social Science Geography Chapter 1 Resources and Development

Ans Oil has become a very integral part of our lives today. And if the oil supply gets exhausted someday, our lives will come to a standstill. First of all, it will lead to a crisis in supply of energy. Nowadays, a lot of machinery is dependent on the fuel to function. The exhaustion of oil supply will adversely affect the functioning of such machinery, leading to lack of production which will ultimately hamper the economic growth. Next, it will have an effect on our transportation system. Most of the means of transport used these days are dependent on the fossil fuels. It would be crippled. Exhaustion of the oil supply will also be a reason of conflict between nations as well as in communities because everyone will want to control its substitute energy. Lack of oil supply will also affect the world trade and economies, as the supply of goods will go down, resulting in insufficiency.