Economy, asked by purna30, 1 year ago

explain the resources type and characteristics ​

Answers

Answered by priyanshuranjan1204
1

A resource is a source or supply from which a benefit is produced and ... In economics a resource is defined as a service or other asset used to produce goods......

Resources have three main characteristics: utility, limited availability, and potential for depletion or consumption. Resources have been variously categorized as biotic versus abiotic, renewable versus non-renewable, and potential versus actual, with more elaborate classifications....!

Answered by Esha12345678
0

Answer:

Explanation:

Resources are the means of attaining ends to produce a benefit. In other words, resources are the means by which the country progress to March another nation.

Depending on the basis on of renewbility

They are of 2 types

Exhausting resources

Non Exhausting resources

Exhausting resources are those which get exhausted due to reckless use

Non Exhausting resources are those which don't get exhausted due any means such physical and chemical means. I means they regenerate themselves..

Characteristics

They add beauty to nature

Maintains ecological balance

All agricultural activity depends upon them....

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