Explain the role of energy in development of nation
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Energy is a crucial ingredient for economic development. The process of converting economic inputs – capital, labor, and various forms of energy such as oil, coal etc – into economic outputs such as manufactured goods and services can be expressed using an equation called production function.
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Energy is a crucial ingredient for economic development. The process of converting economic inputs – capital, labor, and various forms of energy such as oil, coal etc – into economic outputs such as manufactured goods and services can be expressed using an equation called production function.
Hope this answer will help you!!
MARK MY ANSWER AS BRAINLIEST......
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