How can resources contribute to the development of a region.
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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. The extraction of natural resources can be done on a number of scales.
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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. The extraction of natural resources can be done on a number of scales.
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Resources help a region to develop if it is used judiciously and scientifically. Natural resources provide employment to people of the region. It could be fuel, water sources, forests etc. Fuel sources fulfil energy requirements. Water sources help agriculture, energy production and drinking water provision. Forests provide valuable resources like fruits, berries, oils, etc. All these directly contribute to the development of the region.
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