Minerals supply raw material to industries. In the industrial age of today, from pins to large machines and the spacecrafts are produced through the minerals. Minerals are also used to run the machines and the spacecrafts.
After industrial revolution, the importance of minerals has increased. All developed nations of today have become prosperous due to their diversities of minerals and their proper use.
Many small and large industries are active today through the machines. The requirement of the nations are fulfilled by different industries in large number. They earn valuable foreign exchange through exports. As a result, there is a substantial progress of the nation.
Due to the importance of minerals, the present day age is also called as 'Mineral Age'.
Minerals are considered to be the arteries of the economy of the nation as their contribution is very valuable in the prosperity of the nation.
Importance of the minerals today is much more. So they are considered to be the foundation of the economic power and prosperity of the people of the nation.