Rapid extraction of minerals and other natural resources would adversely impact the future development prospects. Do you agree?

The rapid extraction of minerals and other natural resources would adversely impact the future development prospects in the following ways :

1. In the primary sector, in activities like mining and quarrying, the production depends on the natural resources. However, our current resource level is not sufficient for future generations. They would have to face scarcity of resources. Moreover, the manner in which we use resources may lead to serious damages

2. The mineral extraction capacity has already reached. Further extraction would lead to scarcity of resources n future.

3. The demand for petroleum will increase many folds over the years, which will increase its price.

4. The forest cover of Earth is reducing every year due to increase in population leading to an increase in demand for food, industrial activity, etc.