Define resource.identify resource on various basis
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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 and non-renewable resources.
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Resource: Anything which can be used for satisfying the human needs is called a resource.
Types of Resources:
Resources can be classified on different bases; into following types:
On the basis of origin: Biotic and Abiotic
On the basis of exhaustibility: Renewable and Non-renewable
On the basis of ownership: Individual, community, national and international
On the basis of status of development: Potential, Developed, Stock and Reserves
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