What do you understand by a ‘Resource’? Give examples.
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Everything available in our environment which can be used to satisfy our needs, is called a resource. It should be technologically accessible, economically feasible and culturally acceptable. Only then, it can be termed as a ‘Resource’. Examples are: minerals, forests, fossil fuels etc..
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Any commodity which is used to satisfy human wants is known as a resource. Paper, trees and water are resources. Resources have usability as they are used by us
Example:- Oil, Coal, Natural Gas etc
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