THE ECONOMIC IMPORTANCE OF NATURAL AND MINERAL RAW MATERIAL RESOURCES
Keywords:
Natural resources, mineral raw materials, economic development, resource management, export potential, innovation, environmental safetyAbstract
Natural and mineral raw material resources play a crucial role in the economy of any country. They serve as the foundational inputs for various industries, including manufacturing, energy production, and construction. Efficient extraction and utilization of these resources contribute significantly to economic growth, employment, and export earnings. Moreover, sustainable management of natural and mineral resources ensures long-term economic stability and environmental balance. Understanding their economic importance helps in developing policies that maximize benefits while minimizing ecological impacts.
