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Business Environment by A. C. Fernando

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4

NATURAL RESOURCES

In this chapter, we learn about the natural resources we have in our country such as land, power, forest, sea, fresh water and mineral resources. After reading this chapter, you will be able to relate the available natural and other resources and their exploitation and also understand why India remains a rich country inhabited by poor people.

INTRODUCTION

A country's production is the result of exploitation and use of the available resources. To increase production, we must have better and more resources. Natural resources provide the basic foundations for economic development. But these, by themselves alone, are not enough. These are to be discovered, demanded by producers and others, and the country should have the necessary ...

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