1. Answer the following questions. (i) Why are people considered a resource? Ans. People are a nation’s greatest resource. Nature’s bounty becomes significant only when people find it useful. It is people with their demands and abilities that turn them into ‘resources’. Hence, human resource is the ultimate resource. (ii) WhatRead More →

factors affecting location of industries upsc

1. Answer the following questions. (i) What is meant by the term ‘industry’? Ans. Industry refers to an economic activity that is concerned with production of goods, extraction of minerals or the provision of services. That’s why we have iron and steel industry (production of goods), coal mining industry (extraction ofRead More →