Question

write down the different types of resources and how it affects the development process?

Answer 1

Answer:

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, From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.From a broader biological or ecological perspective a resource satisfies the needs of a living organism.

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.

Answer 2

Answer:

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.

Resources are usually classified into three types, viz. natural, human-made and human resources.

The quantity and availability of natural resources affect the rate of economic growth. The discovery of more natural resources, such as oil or mineral deposits, will give a boost to the economy by increasing a country's production capacity.

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