Define resources. How are resources classified?
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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.
They can also be classified as actual and potential on the basis of level of development and use, on the basis of origin they can be classified as biotic and abiotic, and on the basis of their distribution, as ubiquitous and localized( private resources,community owned resources ,naturalresources, international ...
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Anything that can be used to satisfy a need is a resource.
The resources are classified in following ways:-
- Natural
- human made and
- human
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