Resources have value-discuss
Answers
Answer:
Resources have value because they are scarce and because some people want them. ... And people want air but it's not scare on Earth so it likewise has no value. ... Because it's valued by someone that means they are willing to give something up for it, Thus, they are resources which have "Aesthetic Value".
An object or substance becomes a resource only when it has a value. The usefulness of the object gives it a value. As a resource is something that has utility, all resources have some value.
The value of the object can be classified into two categories:
- Resources that have economic or commercial value
- Resources that do not have economic or commercial value
Metal is a resource that has economic value as we make many products from it, for our daily use.
On the other hand a beautiful scenery you see may not have economic value but is still considered a resource as it is useful in giving pleasure to the human mind.