4.) Resources are not, they become so.' Explain.
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Resources are not, they become so.'
- truly, as such there are no resources
- these change time to time as per requirements
- resources can be defined as ecological materials that are required by humans to fulfill their daily requirements
- so resources are not but they become with the change with time
- like petroleum is one of the most important resources but it did not existed thousand of years before.
- that time firewood was considered as the most important resources
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According to Erich Zimmermann, 'Resources are not, they become so'. This is because of the following reasons:-
- We have to create resources in order to make them valuable so that it generates valuable function.
- Resources are at the heart of the subject of Economics.
- Why human resource is the most important capital or a resource that can be produced.
- For example, the tree is a less valuable resource than paper or furniture. When the tree is cut and the wood is processed to make valuable commodities then its ultimate value is generated.
- The idea behind resource creation. Hence, the above statement is true.
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