5. Name the factors on which the utility of a resource
depends.
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The factors that determine the utility of any natural resources foremost are ‘human beings’ because only they have the ability to recognize any substances as resources, followed by ‘time’ and ‘technology’ which transform a substance into a resource. Finally, the ‘value’ provides the economical worth of a substance and converts it into a resource.
For example: Uranium found in Ladakh. It was primarily discovered by people, with time technology will be used to utilise it and then its economical value will finally transform it into a resource.
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