What is meant by resource development? Give any two examples of resource development.
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It is an important method of economic analysis, It is microeconomics that tells us how a free market economy with its millions of consumers and producers work to decide about the allocation of productive resources among the thousands of goods and services. ... It also provide tools to analyse & evaluate Examples: classroom training , college cources
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Resource play an vital role in whole world .
So, resource development is very essential for progress of an each and every individual country.
“Resource development means improving the economy”
•Discoveries after modification gives a useful resource known as resource development.
•Resource are said to be found in nature I.e., useful and satisfies human need . Development of resources provides utilisation in different ways.
Examples of resource development
•Archeologists finds the monuments and improves them.
• Scientists discover and modify to a new invention.
Resource play an vital role in whole world .
So, resource development is very essential for progress of an each and every individual country.
“Resource development means improving the economy”
•Discoveries after modification gives a useful resource known as resource development.
•Resource are said to be found in nature I.e., useful and satisfies human need . Development of resources provides utilisation in different ways.
Examples of resource development
•Archeologists finds the monuments and improves them.
• Scientists discover and modify to a new invention.
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