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Q.

Everything in our environment which satisfies our needs is technologically accessible, economically feasible and culturally acceptable is called [[1]].


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Detailed Solution

Everything in our environment which satisfies our needs is technologically accessible, economically feasible and culturally acceptable is called A Resource. Resources are not natural gifts. They are a result of what people do. The resources themselves are crucial to human beings. They convert the raw materials in our environment into resources and then use of them. Resources can be categorized in four different ways: according to their origin, exhaustibility, ownership, and their level of development.
 
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