Importance Of Natural Resources Drawing. Natural resources are those which exist in the environment naturally that is they are not created by humans. Natural resources are important because they contribute to the economy of the nation in which they exist.
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Natural resources include both renewable and non renewable substances. What is the importance of natural resources in economic development. Natural resources are naturally occurring substances that are valuable to humans.
This will gradually help to enhance the economy of a country.
The current paper discusses both the economic importance of natural resources and how by creating an adequate incentive framework governments in eastern europe caucasus and central asia eecca can contribute towards maintaining the economic benefits of natural resources use in the long term. Natural resources include both renewable and non renewable substances. Land and natural resources are important assets for individuals and households in meeting subsistence needs including food and shelter. What is the importance of natural resources in economic development.
