how does a substance get it's resource value? explain with 3 examples.
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Resource: Anything which has some utility for us is called a resource. Some resources have economic value, while some do not. For example; milk has economic value, but a beautiful landscape has no economic value. But both are important because both satisfy some human needs.
Time and technology are two important factors which can change a substance into resources. For example; petroleum was not a resource before people learnt to use it.
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A substance becomes a resource only when it is utilized by the mankind. Resource.
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