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Whats is the meaning of resources?
a source of supply, support, or aid, especially one that can be readily drawn upon when needed. resources, the collective wealth of a country or its means of producing wealth. Usually resources. money, or any property that can be converted into money; assets. Often resources.
What are the 5 types of resources?
Different Types of Resources
- Natural resources.
- Human resources.
- Environmental resources.
- Mineral resources.
- Water resources.
- Vegetation resources.
What is resources and example?
The definition of a resource is something that is ready to use if or when it is needed. An example of resource is extra money in a savings account. An example of resource is a friend with electrical skills who has volunteered to help install a lighting fixture. An example of resource is spring water on a piece of land.
What are 4 types of resources?
There are four categories of resources, or factors of production:
- Natural resources (land)
- Labor (human capital)
- Capital (machinery, factories, equipment)
- Entrepreneurship.
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.
What are human resources?
Human-made resources are resources that are obtained by modifying natural resources like Iron, steel and aluminium. Technology, knowledge and skill are used to convert natural resources into usable forms and hence are called as Human-made resources as well.
What are the 7 types of resources?
Every technological system makes use of seven types of resources: people, information, materials, tools and machines, energy, capital and time. Since there is limited amount of certain resources on the earth, we must use these resources wisely.
What are the 3 different types of resources?
Resources are usually classified into three types, viz. natural, human made and human resources.
What is resource in 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.
What are 3 types of resources?
Classical economics recognizes three categories of resources, also referred to as factors of production: land, labor, and capital. Land includes all natural resources and is viewed as both the site of production and the source of raw materials.
What is resource Class 9?
Answer: Anything that can be used to satisfy human needs is a resource. All the objects in the environment, which are useful to man and have a value, are called “Resources”.
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’.