Question

what are resources ?

Answer 1

RESOURCE: a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.


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Answer 2

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.

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