How does utility and value of resources varied from place to place and time to time ..
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Utility and value of a resource varies from time to time and place to place. ... The resources that are plentifully available in a region are consumed abundantly, and people of the region may attach lower value to such resources. The same resource are consumed scarcely in places where they are not found amply.
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★ Utility and value of resources vary from time to time and place to place in the following ways ---›
- Earlier human civilisations florist along the river valleys as they are used water for irrigating fields.
- Now, human beings are using water for generating energy, irrigation, navigation and industries, etc.
- Chile and United States of America are generating more wind energy than the India.
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