Explain how resources are profitable
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Resources are profitable
Explanation:
- A resource is a resource that creates profit and has value / utility, that is, all that is bought from the environment in order to fulfil human needs and wishes.
- Anything used to meet people's needs is described as a resource. This implies tools taken from nature and used without any modifications are free gifts in nature and can be explicitly used.
- However, resources have been converted in order to become profitable resources in their original form. In certain cases, technologies and equipment are needed to allow the optimum use and advantage of natural resources.
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The resources are profitable resources as they can multiply.
Explanation:
- Resource are gifts of nature and need to be protected and conserved in order to safeguard their extinction. The resources play a crucial role in the development of society and the economy of place.
- They provide us with commercial and economic gains and thereby become profitable mover time. For example, the forest as a resource is profitable for the society at large as they provide food and shelter and play an equal role in the forestry industry. Resources are assets that need to be analyzed and monitored.
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