what are three basic conditions of resources to satisfy our need . explain with one example. (for class 10)
Answers
Answer:
Since human wants are unlimited, and resources used to satisfy those wants are limited - there is scarcity.
...
Those three options are:
economic growth.
reduce our wants, and.
use our existing resources wisely (Don't waste the few resources that we do have.)
Answer:
>> Resources are those aspects of our environment which can satisfy our needs and wants.
#Essential conditions
* Utility : A particular stuff available in nature should have some utility or usability to man.
* Value: Value means worth. Use and utility give things a value. Thus all resources have some value. A thing becomes a resource only when they have a value . Example: A lamp of coal is resource because it has some utility to man. It satisfies human wants in various ways.
#Classification of Resources
* Content
* Exhaustibility and Durability
* Distribution
* Development and Use
* Origin
Explanation:
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