define different types resource?
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Answers
❤️ANSWER❤️
❤️4 types of resources❤️
Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services. This includes not just land, but anything that comes from the land.
❤️Different types of resources❤️
Types of Resources: 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.
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'. However, mountains, rivers, sea or forests are also resources but they do not have economic value.
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Answer:
Types of Resources: 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.
Explanation:
Natural resources may be further classified in different ways. Resources can be categorized on the basis of origin: Abiotic resources comprise non-living things (e.g., land, water, air and minerals such as gold, iron, copper, silver). Biotic resources are obtained from the biosphere.