Question

11. Which of the following factors involves the
transformation of things into a resource ?
(i) Physical environment
(ii) Technology
(iii) Human beings
(iv) Institutions
(a) (i) and (ii)
(6) (ii) and (iii)
(c) (i) and (iv)
(d) All of above
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Answer 1

Correct Answer is Option.....

(d) All of Above

Explanation:

To transform things into resources, a physical environment i.e. nature, technology, human being and institutions are needed. In the process of the transformation of the resources from things, there is a mutual relationship between all these facotors, which form a chain, from which things can be converted into resources.

Human interacts with the physical environment with the help of technology, and builds institutions in the process of its development. When this entire chain is created, things change in resources.

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Answer 2

Answer is All of Above