Make a list of resources around you and classify them on various basis.
Answers
Answer:
Anything which has some utility for us is called a resource. Some resources have economic value, while some do not. For example; milk has economic value, but a beautiful landscape has no economic value. But both are important because both satisfy some human needs.
Time and technology are two important factors which can change a substance into resources. For example; petroleum was not a resource before people learnt to use it.
Trees - Trees can be classified as biotic resources on the basis of origin
LPG - LPG can be classified as non renewable resource on the basis of exhaustibility
Pond - Pond can be classified as community owned resource on the basis of ownership
Water - Water can be classified as a stock resource on the basis of status of development .
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