Economy, asked by nisha2425, 1 month ago

briefly explain the concept of resources and it's type as per ur understanding . How those resources is going to help us in maintaining better consumption pattern and also in better production process which adds various untitles on different product. Express your answer in 250 to 300 words.​


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Answers

Answered by ambikayadav23
1

A resource is a source or supply from which a benefit is produced and that has some utility. Resources can broadly be classified upon their availability — they are classified into renewable non-renewable and perpetual resources. ... An item becomes a resource with time and developing technology.

Resources are important for the development of any country. For example, to generate energy, one need fossil fuels; and for industrial development, we require mineral resources. ... Natural resources are getting scarce with the increasing population, so it is essential to conserve them.

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