Question

3. Write a short note on the types of resources.​

Answer 1

Answer:

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. ... However, mountains, rivers, sea or forests are also resources but they do not have economic value.

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Answer 2

Answer:

Three basic resources—land, water, and air—are essential to survival. The characteristics and quantity of a resource are defined by whether it is a renewable, nonrenewable, or flow resource. Renewable resources can be replenished if their environments remain intact.