Mention two societal and economic importance of solid mineral
1) Economic importance: Solid minerals play a crucial role in the economy of many countries. They are often a major source of revenue and foreign exchange earnings through exports. Solid minerals can contribute to economic growth, job creation, and poverty reduction, as they provide opportunities for employment and income generation in mining, processing, and related industries. The extraction and processing of solid minerals also contribute to the development of infrastructure, such as roads, railways, and ports, which further boosts economic growth.
2) Societal importance: Solid minerals have societal importance as they are used in various sectors and industries that are vital for societal functioning. For example, minerals like iron ore, copper, and aluminum are essential for the production of infrastructure, machinery, and transportation equipment, which are crucial for economic development and modernization. Additionally, solid minerals are used in the construction industry for building materials, such as cement, concrete, and stone, which are necessary for the construction of homes, schools, hospitals, and other infrastructure. Thus, solid minerals contribute to societal development by enabling the provision of essential goods and services.