How can resources contribute to developnment
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Natural Resources. ... The natural resources of a country can contribute significantly to its economic development through increasing production and manufacturing, securing energy supply, increasing export revenues and reducing costs for local businesses and households.
Non-renewable resources include coal, natural gas, petroleum, uranium, etc. The renewable resources are those natural resources, which can be naturally restored. ... The effect that the availability of natural resources may or may not have on the economic development of a country, depends on various parameters.
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