What are the factors on which human capacity to convert natural resources into useful products depend
Answers
The factors on which human capacity to convert natural resources into useful products depends are :-
1. Education: - it is the first and the most important factor. Humans are intellectual but if their intellectuality is not sharpened then its of no use and brains are sharpened through Education .
2. Training: - though the person is well educated but if he is not trained and polished for a particular sector then it'll be wasted. Its not that the country having high population are the most successful ones because they have so many human brains it depends on how many polished human brains are there .
3. Health :- even if the the person is well educated and well trained but he remains unwell all the time then what's the use being educated and trained. It's very hard to remain healthy because Health is wealth .
The following points may help you:
a.Mere presence of resources are not enough, the process of transforming the resources which are naturally available to satisfy human needs involves an interaction between a number of factors most important being the technology and institutions and how human beings transform them.
b. Human beings make machinery, devices by using natural resources, and transform them in something more valuable. In this entire process, they use their expertise, knowledge, skills
c. Human beings transforms natural resources in their original form into a more valuable form.
d.For example , men used to extract iron and used it for making bridges, buildings etc
e. They make use of appropriate technology and other factors and transform resources.