Natural Resources and Their Use
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1
Example of economic feasibility of a resource.
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💡 Real-life Example: Suppose gold is present in a place, but: It costs ₹10…
2
What are natural resources?
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Natural resources are materials from Nature that are technologically accessible, economically feasible, and culturally acceptable.
3
Can abundance guarantee prosperity?
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The 'natural resource curse' shows that abundance alone does not guarantee prosperity -skills, governance, and…
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