write down the different types of resources and how it affects the development process
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- on the basis of ownership
- on the basis of origin
- on the basis of exhaustibility
harsh42039:
can u tell me nicely
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Renewable and nonrenewable resources, Human resources, physical capital, natural resources and technology, these briefly stated mainstream resources affect the development process to a large extent either by enhancing or interpreting.
Explanation:
- In order to quest the demands of a growing population the frontline of every developmental process is being replaced by renewal resources like solar, hydro. However, they also cause hindrance by sometimes limiting solar intensity requirement or a few times the arrival of any natural disaster.
- Skilled educated labor force is more productive and plays a major role in economic growth, a shortage of which drags the later leading to unemployment. The availability of natural resources is yet factor affecting any developmental process by either boosting or suppressing them.
- Technology is a growing resource of modern developmental processes. Improved or innovated technologies can enhance productivity, a failure to which seriously degrade the living environment or delay developmental processes.
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