What do resources mean? Write different basis on which resources are classified
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Explanation:
A resource is a source or supply from which a benefit is produced and that has some utility. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources. They can also be classified as actual and potential on the basis of the 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 localised (private, community-owned , natural and international resources).
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Answer:
A source of supply , support, or aid especially one that can be readily drawn upon when needed...
Resources can be classified in the following ways- (a) on the basis of origin - biotic and abiotic (b) on the basis of exhaustibility renewable and non-renewable (c) on the basis of ownership - individual ,community,national and international (d) on the basis of status of development - potential , developed stock and reserves.
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