What is required to convert natural endowments into resource
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the natural endowments into resources are the royal rain moments in to GTB ratio and Minerals friends in to GDP ratio
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Converting Natural Resources into Resource
Explanation:
- Anything which is used to satisfy the needs of the human is defined as resource. That is resources which are drawn from the nature and utilised sans much modification/alteration are nature's free gifts & can be utilised directly.
- However, at times , natural endowments become resources when their actual form has been transformed. In certain cases technology & tools are required to utilise natural resources in the best possible way
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