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Question

In which type of economy natural resources are fully utilised?

A
Developed economy
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B
Underdeveloped economy
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C
Mixed economy
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D
Socialistic economy
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Solution

The correct option is A Developed economy
Natural resources are fully utilized in developed economies because of the availability of modern technology as well as skill labour. Resources are used to the fullest. Developed economy has high level of efficiency and productivity.

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