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What do mean by resource?

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What do mean by resource?
  • 1 answers

Yogita Ingle 6 years, 4 months ago

Resource: Anything which has some utility for us is called a resource. Some resources have economic value, while some do not. For example; milk has economic value, but a beautiful landscape has no economic value. But both are important because both satisfy some human needs.

Time and technology are two important factors which can change a substance into resources. For example; petroleum was not a resource before people learnt to use it.

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