Social Sciences, asked by PrinceRauniyar, 4 months ago

What is the relationship between economic development and natural resources in Nepal? Describe the obstacles of economic development and solutions through the proper use of natural resources.

Answers

Answered by ushal4975

Answer:

Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. Natural resource is a key input in the production process that stimulates economic growth.

Explanation:

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Answered by soooyeah123

Natural resources, both renewable and non-renewable, and ecosystem services are a part of the real wealth of nations. They are the natural capital out of which other forms of capital are made. They contribute towards fiscal revenue, income, and poverty reduction.

soooyeah123: Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. ... Natural resources have limited direct economic use in satisfying human needs but transforming them into goods and services enhances their economic value to the society.

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