what do you mean by resources?on the basis resource can be classified
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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. ... An item becomes a resource with time and developing technology.
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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 ...
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Anything which has some utility for us is called a resource. Some resources have economic value, while some do not.
Resources are usually classified into three types, viz. natural, human made and human resources.
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