show relationship between nature,technology and institutions with the help of diagram.
Answers
Answer:
Nature gives us resources. The technology helps us to establish institutions (entities that augment economic development, like industries) to use such resources optimally. In the absence of resources, there can be no technology for the usage of resources and no institution either. In the absence of technology, such resources cannot be converted into a form that can be used for the institutions. Moreover, in the absence of institutions, neither can the resources be used nor can the technology be developed to use the sources.
Answer:
Nature contains resources. These resources are converted into usable form with the help of technology. Human beings interact with nature through technology, and create institutions to accelerate their economic development.
1) Nature is defined by the rainfall, climate, topographic features of the place and does not depend on man made or developed resources.
2) Technology is developed with the nature and natural resources of the place,technology is developed for man's facilitation.
3) Institutions develope technologies based on resources. These technologies are used to utilize better resources which expand the institutions, and in return those institutions develop better technologies for better utilization of resources.