Definition

Anything in our environment that can be used to satisfy our needs, is technologically accessible, economically affordable, and culturally acceptable is called a Resource.

Humans interact with nature with the help of technology and uses institutions to boost the economic development.


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Resources and Development


Flashcards

What is a resource? ? Anything in our environment that can be used to satisfy our needs, is technologically accessible, economically affordable, and culturally acceptable is called a Resource.

What is the relationship between humans, technology, institutions and nature? ? Humans interact with nature with the help of technology and uses institutions to boost the economic development.