Question

Define 'resource'. Name three main types of resources

Answer 1

Answer:

a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.

Explanation:

These resources, called productive resources, are often classified into three groups: natural resources, human resources, and capital resources. Natural resources (often called land) refer to resources such as coal, water, trees, and land itself. Raw materials used in production come from natural resources.