How is iron ore significant in the development of our country? Explain with 4 examples.
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the use of Steel and iron or copper depends on the level of development of a particular economy. developing countries like China India consume much more Steel as compared to other countries that they are less developed. Steel consumption per capital is one of the major indication for level of development of a country. in 2011 the world average consumption of East used to that 215 kilogram per capital against very low of 35, kilograms per capital For Africa 57, capital for India 123, capital of Brazil 123 kilogram, 460 kilogram per China and 506 kilogram per capita from japan. Gross Domestic Product per capita and steel used per capita has a very dynamic relationship. before economic take off the level of us is very low then there is a rapid increase it reaches stage of GDP per capita where Steel used as levelling of and finally declines the GDP per capita increases before finally stabilizing at a point.
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the use of Steel and iron or copper depends on the level of development of a particular economy. developing countries like China India consume much more Steel as compared to other countries that they are less developed. Steel consumption per capital is one of the major indication for level of development of a country. in 2011 the world average consumption of East used to that 215 kilogram per capital against very low of 35, kilograms per capital For Africa 57, capital for India 123, capital of Brazil 123 kilogram, 460 kilogram per China and 506 kilogram per capita from japan. Gross Domestic Product per capita and steel used per capita has a very dynamic relationship. before economic take off the level of us is very low then there is a rapid increase it reaches stage of GDP per capita where Steel used as levelling of and finally declines the GDP per capita increases before finally stabilizing at a point.
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Importance of Iron Metal. Iron is themost important among all the metals.Iron is dug out from mines. It is themost useful metals. eg used in industries, used in domestic use,
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