Question

Explain the role of ‘natural resources’ in development.

29 Aug 2022
Answer :
Word Count : 1030

Natural resources play a vital role in the development of any country or region. Natural resources refer to the physical, biological, and geological resources that exist in nature and are used by humans to meet their needs. These resources include land, water, air, forests, minerals, and fossil fuels. They are essential for economic, social, and environmental development, and their proper management can lead to sustainable development.

The role of natural resources in development can be understood from various perspectives. From an economic perspective, natural resources are the foundation of economic development, and their proper management can lead to sustained economic growth and development. Natural resources can be used to produce goods and services, and they are the basis for many industries, such as agriculture, forestry, mining, and fishing. The production and export of natural resources can also generate revenue for the country, which can be used to fund social and economic programs.

Natural resources also play a critical role in social development. They are essential for the provision of basic needs, such as food, water, and shelter. Access to natural resources is also critical for the livelihoods of many communities, especially in developing countries. For example, in many rural areas, agriculture is the primary source of ____ ________ _________ ___ _____ ___ _________ _________ _____ ________ __________.
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