Resources are anything that has utility and adds value to your life. Air, water, food, plants, animals, minerals, metals, and everything else that exists in nature and has utility to mankind is a ‘Resource’. The value of each such resource depends on its utility and other factors.
What do you mean by resources explain with example?
A resource is a source or supply from which a benefit is produced and it has some utility.Examples of renewable resources are air,water,wind,solar energy etc.
What is resources simple answer?
A resource is a source or supply from which a benefit is produced. Resources can broadly classified upon their availability—they are classified into renewable and non renewable resources.From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.
What are the 4 types of resources and examples?
There are four categories of resources or factors of production:
- Natural resources (land)
- Labor (human capital)
- Capital (machinery factories equipment)
- Entrepreneurship.
What is a resource class 10?
Everything available in our environment which can be used to satisfy our needs, is called a resource. It should be technologically accessible, economically feasible and culturally acceptable. Only then, it can be termed as a ‘Resource’. Examples: minerals, forests, fossil fuels etc.
What is resource Class 8?
Resources: Anything that has some utility to satisfy our needs is known as a resource. Human beings are important resources because their ideas, knowledge and skills lead to the creation of new resources. Types of Resources: There are three types of resources—Natural resources, Man-made resources and Human resources.
What are called resources?
A resource is a physical material that humans need and value such as land, air, and water. Resources are characterized as renewable or nonrenewable; a renewable resource can replenish itself at the rate it is used, while a nonrenewable resource has a limited supply.
What do you mean by resources class 9?
Answer: Anything that can be used to satisfy human needs is a resource. OR. All the objects in the environment, which are useful to man and have a value, are called “Resources”.
What is resource in geography?
A resource is any physical material constituting part of Earth that people need and value. Natural materials become resources when humans value them. The uses and values of resources change from culture to culture and from time to time. Resources are spatially distributed varying in quantity and quality.
What are the 5 resources?
List the Top 5 Natural Resources
- Water. ••• Without a doubt, water is the most abundant resource on the planet.
- Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life.
- Coal. •••
- Forests. •••
- Iron. •••
What are 5 types of resources?
Different Types of Resources
- Natural resources.
- Human resources.
- Environmental resources.
- Mineral resources.
- Water resources.
- Vegetation resources.
What is the 3 types of resources?
First, students will learn about three types of resources (human, natural, and capital) that are a part of communities and cultures.
What is resource class 10th Ncert?
Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible, economically feasible and culturally acceptable can be termed as ‘Resource’.
What is resource BYJU’s?
Answer: Anything available in our environment that can be used to fulfil our desires is recognized as a resource, given that it is technically accessible, economically viable, and culturally appropriate.
What is resources and its classification?
Resources are usually classified into three types, viz. natural, human made and human resources. Natural Resource: Resources which are obtained from nature are called natural resources. Some of the natural resources can be used directly, while for using some others we need the help of some technologies.
What is resource short answer 8?
Resources are broadly classified into natural, human-made, and human. Natural resources are those that are taken from nature. They are used without modifying them, i.e. in the same form as they exist in. Rivers, lakes, air, soils, minerals, trees, mountains, etc.
What are natural resources give two examples?
Any natural substance that humans use can be considered a natural resource. Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water.
Why are the resources important?
Resources are important for us as we utilise them to satisfy our wants. Many minerals like iron, copper, mica etc. are used in industries for manufacturing various goods. Minerals like coal are used for the generation of electricity.
What are resources in economics?
In economics, resource is defined as a service or other asset used to produce goods and services that meet human needs and wants. Also referred to as factors of production, economics classifies resources into four categories — land, labour, capital and enterprise.
What are the examples of man made resources?
Examples of man-made resources are- plastic, paper, soda, sheet metal, rubber and brass. Examples of natural resources- such as water, crops, sunlight, crude oil, wood and gold. So we can say that humanized resources are the items or substances that do not occur in the natural world and have value to human lives.
How is human resource different from other resources like land and physical capital short answer?
Human resources are different from other resources like land and physical capital because human beings can use additional resources to give out productive output. However, resources like land and physical capital depend on human resource use and cannot give any productive output. Was this answer helpful?
