List and briefly define the three broad types of resources
Answers
Answer:
Resources, are often classified into three groups: natural resources, human resources, and capital resources. Natural resources (often called land) refer to resources such as coal, water, trees, and land itself. ... Human resources (labor) describe the human work effort, both physical and mental, expended in production
Answer:
Resources are the elements that satisfy our day to day needs and are value to us. It is broadly classified in three types Natural, Human and human-made.
Natural Resources- resources that are obtained from nature. Eg. - Land and plants.
Human Resources- The term human resources refers to the size of the population of a country along with its efficiency, educational qualities, productivity and organizational abilities.
Human-made Resources- These resources are created by human beings from material available in the environment.
Explanation: