Social Sciences, asked by ajaysutar5597, 10 months ago

What is the resource what are three broad categories of resource

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Answered by aimans

Answer:

Explanation:

Resources are categorized into three broad categories: Land, Labor, and Capital

Air, water, food, plants, animals, minerals, metals, and everything else that exists in nature and has utility to mankind is a 'Resource'. The value of each such resource depends on its utility and other factors.

Answered by Anonymous

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$<body bgcolor="black"></p><p><h1 align="left"><font color="white" face="Times New Roman">Resources</h1><hr></p><p><p align="left"><font color="yellow" face="Times New Roman">Resources are anything that has utility and adds value to your life. Air, water, food, plants, animals, minerals, metals, and everything else that exists in nature and has utility to mankind is a ‘Resource’. The value of each such resource depends on its utility and other factors. For example, metals are gold, silver, copper or bronze have economic value; i.e. they can be exchanged for money. However, mountains, rivers, sea or forests are also resources but they do not have economic value.</p><hr></p><p><h2 align="left"><font color="white" face="Times New Roman">Natural Resources</h2><hr></p><p><p align="left">Anything and everything that is available naturally on earth is a natural resource.</p><hr></p><p><h2 align="left"><font color="white" face="Times New Roman">Man-made Resources</h2><hr></p><p><p align="left">When humans use natural things to make something new that provides utility and value to our lives, it is called human-made resources. For instance, when we use metals, wood, cement, sand, and solar energy to make buildings, machinery, vehicles, bridges, roads, etc. they become man-made resources. Likewise, technology is also a man-made resource. Man-made resources are mostly renewable. One can re-build a building or fixed a broken machine.</p></p><p></body>$

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