Which is the three things interact to develop resource for human satisfaction?
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The following points may help you:
a. Resources are important for the sustenance of human life and also for maintaining the quality of life.
b. Resources are basic requirement for economic development be it land, water, energy resources, minerals.
c. But mere presence of resources are not enough, the process of transforming the resources which are naturally available to satisfy human needs involves an interaction between a number of factors most important being the technology and institutions.
d. Mere availability of resources is not enough, it is important to have required technology to harness such resources.. Appropriate technology will ensure optimum utilisation of such resources.
e. It will ensure development of the region and bring about balanced regional growth.
f. We may give example of how certain regions are rich in resources appropriate technology to harness them. For instance, north east states are endowed with rich mineral resources but still lag behind because of lack of infrastructure, industrial development, lack of political will .
g. Political will and stability is also imperative to bring about optimum utilisation of the available resources. Lack of effective implementation, apathy of political institutions hampers development . For example states of Bihar , Uttar Pradesh.
h. We may also give example of iron ore , a resource which requires appropriate technology, machinery to convert into steel and a proper institutionalised structure to utilise it.
i. So it is the interaction among these factors that is institutions, technology, infrastructure that can convert resources into something substantial to produce goods and services.
a. Resources are important for the sustenance of human life and also for maintaining the quality of life.
b. Resources are basic requirement for economic development be it land, water, energy resources, minerals.
c. But mere presence of resources are not enough, the process of transforming the resources which are naturally available to satisfy human needs involves an interaction between a number of factors most important being the technology and institutions.
d. Mere availability of resources is not enough, it is important to have required technology to harness such resources.. Appropriate technology will ensure optimum utilisation of such resources.
e. It will ensure development of the region and bring about balanced regional growth.
f. We may give example of how certain regions are rich in resources appropriate technology to harness them. For instance, north east states are endowed with rich mineral resources but still lag behind because of lack of infrastructure, industrial development, lack of political will .
g. Political will and stability is also imperative to bring about optimum utilisation of the available resources. Lack of effective implementation, apathy of political institutions hampers development . For example states of Bihar , Uttar Pradesh.
h. We may also give example of iron ore , a resource which requires appropriate technology, machinery to convert into steel and a proper institutionalised structure to utilise it.
i. So it is the interaction among these factors that is institutions, technology, infrastructure that can convert resources into something substantial to produce goods and services.
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➡Resources are important for humans
➡We are totally dependent on resources
➡We are totally dependent on resources
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