Business Studies, asked by Krishnanunni4816, 1 year ago

Explain two types of resources.

Answers

Answered by gauravarduino
1

Answer:

Air, water, food, plants, animals, minerals, metals, and everything else that exists in nature and has utility to mankind is a 'Resource'. The value of each such resource depends on its utility and other factors. ... There are two most important factors that can turn any substance into a resource- time and technology.

Answered by SelieVisa
0

Answer:

Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources. Examples of non renewable resources are coal, crude oil etc. Examples of renewable resources are air, water, natural gas, wind, solar energy, etc.

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