Question

what are four types of value association with a resource?

Answer 1

hey mate........


A resource is a source or supply from which a benefit is produced. Resources can be broadly classified upon their availability they are renewable and non renewable resources. They can also be classified as actual and potential on the basis of level of development and use, on the basis of origin they can be classified as biotic and abiotic, and on the basis of their distribution, as ubiquitous and localized( private resources ,community owned resources ,natural resources, international resources) .An item becomes a resource with time and developing technology. Typically resources are materials, energy, services, staff, knowledge, or other assets that are transformed to produce benefit and in the process may be consumed or made unavailable. Benefits of resource utilization may include increased wealth, proper functioning of a system, or enhanced well being. From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.[1] From a broader biological or ecological perspective a resource satisfies the needs of a living organism 

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