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Uses of Energy, Minerals and Changing Techniques
Description
Use of a commodity depends on the interplay of its demand, supply and technology; and the use manifests itself through the consumption of the commodity. Commodities may be defined in different ways at different times, new properties may be unravelled, but the uses of the commodities follow their own evolutionary course depending on man’s knowledge of their properties at a particular point of time. It is the potential utility, which has given rise to the demand, and has acted as the motive force behind all economic, scientific and technological activities.
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