what are the main characteristics of resources
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Recources have three main characteristics namely 1) Utility 2) Limited availability 3) Potential for depletion or consumption. Scarcity is the fundamental economics problem of having humans who have unlimited wants and needs in a world of limited recources
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the three major characterstic of resources are---
(1) resources are the free gifts of nature to humans
(2) most of them are not found intensively and are found in abundance.
(3) resources can be utilised with the help of institution, human beings and nature without all these fields resources can't be put to use
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