Posts by category: Economics and Environment
Are natural resources vital to the economy?
Natural resources are indeed critical to the economy. They provide raw materials for industries and energy to fuel our daily lives. Not only do they create jobs in sectors like agriculture, mining, and forestry, but they also contribute to the country's trade balance by being major export commodities. However, it's crucial for us to manage them wisely as they're not unlimited. Sustainability should be at the heart of our use of natural resources to ensure long-term economic health.
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