define term resources
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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. ... An item becomes a resource with time and developing technology.
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Anything available in our environment that can be used to fulfil our desires is recognized as a resource, given that it is technically accessible, economically viable, and culturally appropriate.
Resources – Classification
The main 2 broad classifications of resources are
- Natural Resource
- Human Resource
Natural Resource
Natural resource can be further classified as
Renewable resource
These are the resources which can reproduced or renewed through various mechanical, chemical or physical process.
Non-renewable resource
These are the resources which takes millions of years for its formation. Examples like coal, petroleum, natural gas etc.
Renewable Resource
Renewable resource can be further classified as
- Continuous or flow (Example wind, water)
- Biological
Biological Resource
Biological resource can be further classified as
- Natural vegetation (Forests)
- Wildlife
Non-Renewable Resource
Non Renewable resources can be further classified as
- Recyclable eg: metals
- Non recyclable eg: fossil fuels.
Human Resource
Human resources can be further classified as
- Structures and Institutions
- Quantity and Quality
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