What are resources? Explain in detail
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resources are the substances that fulfills a need.
a substance is a resource when it has utility and value.
anything that satisfies a need is called a resource.
a substance is a resource when it has utility and value.
anything that satisfies a need is called a resource.
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An economic or productive factor requiredto accomplish an activity, or as means to undertake an enterprise and achievedesired outcome. Three most basic resources are land, labor, and capital; other resources include energy, entrepreneurship, information, expertise, management, and time. and its examples are that Things available in our environment become resources only when human beings find a way to transform them into a useful form. For a thing to become a resource:
Resources can be classified based on their origin, exhaustibility, ownership and status of development.
Resources can be living or non-living. Living things, like forests, land and sea animals, insects and human beings, are called biotic resources.
Resources in the form of non-living things, like rocks, minerals and metals, are called abiotic resources. hope u find my Asnwer helpful
Resources can be classified based on their origin, exhaustibility, ownership and status of development.
Resources can be living or non-living. Living things, like forests, land and sea animals, insects and human beings, are called biotic resources.
Resources in the form of non-living things, like rocks, minerals and metals, are called abiotic resources. hope u find my Asnwer helpful
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