What turns materials into resources? Explain with an example.
Answers
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 non - 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).
milk has economic value, but a beautiful landscape has no economic value. But both are important because both satisfy some human needs. Time and technology are two important factors which can change a substance into resources.
For example; petroleum was not a resource before people learnt to use it.