What are the four Characteristics of resources?
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Resources are limited both qualitatively and quantitatively: ...
Resources are Useful: ...
Resources are interrelated and interdependent: ...
Resources have alternative uses: ...
One resource may be substituted for another:
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Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible, economically feasible and culturally acceptable can be termed as 'Resource'.
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