Question

describe
the various classification of resources with example

Answer 1

Hey!

◆ What are resources?

Anything that satisfies our wants are called resources.

● Resources can be broadly classes into 3 types:

• Natural Resources - all free gifts of nature
• Human made Resources - schools, banks etc
• Human Resources - population

Natural Resources are further classier into:

• renewable
• nonrenewable
• actual
• potential
• ubiquitous
• localised
• living
• non living

Hope this helps you!

Answer 2

On the basis of ownership : 
   • individual 
   • community 
   • national 
   • international 

On the basis of status of development : 
   • potential 
   • developed 
   • stock 
   • reserves