Name two types of resources needed for planning with examples?
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- two types of resources is :- 1. biotic 2.abiotic
- Biotic resources comprise any life form that lives in nature. Like us-human beings, other animals, plants, and all flora and fauna.
- Whereas, abiotic resources are available in nature too, but have no life. Like metals, rocks, and stones
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》financial resource- if want to do business then u need money to buy the raw materials and the give sallery to ur workers
》human resources- is also needed because all the can not be done by machine to maintain and runs the machine we need humans and also wants labour which are humans
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