what do u mean by production by adding utility to the natural wealth
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This includes the extraction of natural resources from earth e.g. mining of ores, gold, coal, metal ores, etc. These are further transported to markets where they can be sold. Smenevacuundacy and 5 more users found this answer helpful.
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Utility of Place. Another process involves changing the place of the resources, to a place where they experience a greater demand and use. This includes the extraction of natural resources from earth e.g. mining of ores, gold, coal, metal ores, etc.
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