write down the different types of resources and how it affect the development process
Answers
A 'resource' is a source or supply from which a benefit is produced. Resources can broadly be classified upon their availability—they are classified into renewable and non-renewable resources.Examples of non renewable resources are coal ,crude oil natural gas nuclear energy etc. Examples of renewable resources are air,water,wind,solar energy etc. 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 on the basis of their distribution, as ubiquitous and localized (private resources, community-owned resources, natural resources, international resources). An item becomes a resource with time and developing technology. Typically, resources are materials, energy, services, staff, knowledge, or other assets that are transformed to produce benefit and in the process may be consumed or made unavailable. Benefits of resource utilization may include increased wealth, proper functioning of a system, or enhanced well-being. From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.[1] From a broader biological or ecological perspective a resource satisfies the needs of a living organism (see biological resource).[2]
The concept of resources has been developed across many established areas of work, in economics, biology and ecology, computer science, management, and human resources for example - linked to the concepts of competition, sustainability, conservation, and stewardship. In application within human society, commercial or non-commercial factors require resource allocation through resource management.
Resources have three main characteristics: utility, limited availability, and potential for depletion or consumption. Resources have been variously categorized as biotic versus abiotic, renewable versus non-renewable, and potential versus actual, with more elaborate classifications.
Answer:
The different types of resources are natural and man-made resources.
Explanation:
- The term "resource" refers to everything useful to us. Some resources are valuable economically, whereas others are not.
- Natural, and man-made (human resources) are the three categories of resources that are commonly used.
Natural resource: Natural resources are resources that are gained from nature. Some natural resources can be utilised directly, while others require the application of technologies.
Man-made resources: Human-made resources are created when humans employ natural resources to create something new that is useful and valuable in our lives. The majority of man-made resources are renewable. A building can be rebuilt, and a broken machine can be repaired. Humans also become resources because they have the skills, intelligence, and knowledge, as well as the technology, to transform a natural resource into useable and valuable items. Human Resource is what we call it.
- We may contribute to resource conservation by carefully exploiting each natural resource and enabling it to replenish itself within nature.
- We must also concentrate on sustainable development, which is defined as a method of maximising and balancing the use of each resource.
- We can all contribute to healthy and resourceful earth by doing so.
- Natural resources have a double-edged influence on economic growth in that increasing their intensity of usage increases production while also increasing the rate of depletion.
- Natural resources are an important component of the production process that drives economic growth.
- The absorptive capacity has a positive association with the productivity of production elements.
- The structural and spatial interdependence of the sectors' production processes could lead to technological interconnections among various sectors of the economy.
Hence, resources take a very important place in the process of development.
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