Question

What are the affects of Natural resources in the development process?​

Answer 1

Answer:

Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. Natural resource is a key input in the production process that stimulates economic growth.

Answer 2

Natural resources have a double-edged effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. The natural resource is a key input in the production process that stimulates economic growth.