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What is the economic importance of minerals in present age? |
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Answer» Minerals are natural chemical elements or compounds. The places from which minerals are obtained are called mines. The time period of history is also classified as stone-age, copper-age, bronze-age and iron – age. Today, civilisation and economic life lie in the quantity of minerals used. Since it is an axis of industry and trade. Minerals are the natural wealth of a country, in which iron metal is most useful. Coal and petroleum are the basis of energy. Various ferrous and no-ferrous metals are essential for the industrial development of a country. Human progress could be possible due to discovery of various types of minerals. |
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