Question

how can development assistant to economy? Give an example with reference to the use of resources

Answer 1

Answer:

Development can be sustained in an economy by using renewable resources because renewable resources are renewed such as solar energy and wind energy, groundwater etc...

Hope it helps

Answer 2

$\huge\bf{Answer:-}$

• By economy, we mean that system of a particular country or region under which all its economic activities related to the satisfaction of human needs are edited.

The above definition has two important facts -

1) Area specific:

• This region can also be a country or a state. Indian economy as an example.

2) Economic activity:

• All our actions, from which we get income, are called economic activities.

For example:

• If a person does teaching work for the attainment of wealth, then it is an economic activity, but if that person teaches for social service then it is not an economic activity.