how nature, institution and technology are inter related to each other
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Nature gives us resource. The techology helps us to establish institute ( entities the augment economic development like industrys ) to use such resource optimally in the absense of resource, there can be no techology for the uses of resource and no institution either in the absense of technology, such resource cannot be converted into a form that can de used for the institution. Moreover the absence of institution, neither can de resource be used nor can the technology be developed to use the source.
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