Question

how are resources classified? explain with example​

Answer 1

On the basis of distribution, natural resources can be classified as follows: ... Localized resources- Resources that are found only at certain places are called localized resources. For example minerals, fossil fuels.

On the basis of distribution, natural resources can be classified as follows: ... Localized resources- Resources that are found only at certain places are called localized resources. For example minerals, fossil fuels.

Nonhuman Resources. Land, like labor and capital, is a classic factor of production. Land is all real estate and all natural resources on or in it, such as trees, minerals, elements, metals, gems, natural gas, thermal heat, oil, coal, water, and crops.