how are Technology, physical environment(nature) and Institutions are interdependent on each other
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Answer:
Without the dependency of these three on each other, no institutions can be built.
Explanation:
Human beings interact with nature through technology to create institutions to accelerate their economic development. Thus nature, technology, and institutions are interdependent.
Such as Soil is a natural medium. You used different machines to drill that Soil and make an institution at that place. Here if you didn't have the Soil, you couldn't use the tools and couldn't build that institution. Besides, if you didn't have the machines, you couldn't drill or do any other work with the Soil and couldn't make the institution.
So, from this example, we can say, these three are interdependent.
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