what is meant by resources? describe its usage.
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An economic or productive factor required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcome. Three most basic resources are land, labor, and capital; other resources include energy, entrepreneurship, information, expertise, management, and time.
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A resource is a source or supply from which benefit is produced. Resources can be broadly classified on bases upon their availability they are renewable and non renewable resources.They can also be classified as actual and potential on the basis of level of development and use, on the basis of origin they can be classified as biotic and abiotic, and in the base of their distribution as ubiquitous and localized.
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