Information is a resource and commodity comment.
Answers
) Information is a Resource / Commodity: Information possesses many characteristics that are the same as those of some other commodities. When we consider such characteristics, information can be termed as a resource and a commodity in a broad sense and people at large have accepted this view.
i) Information is a Natural Resource Many resources were earlier taken for granted as common for all. For example, clean air and water. Information has also been similarly understood. Whoever is interested can get enough information for his daily needs through institutions established for that purpose. But specialized information is made accessible to those who have special needs and can legitimize its claim by status or by money. Just like the maintenance of clean air and water, the proper information demands some cost.