List and briefly the three broad types of resources.
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- Natural resources
- renewable
- non - renewable
2 Human resources
- Structure and institutions
- Quantity and Quality of human being
3 Human made resources
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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. Raw materials used in production come from natural resources. Human resources (labor) describe the human work effort, both physical and mental, expended in production. Capital resources are the man-made physical resources (such as buildings, tools, machines, and equipment) used in production......
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