Quick Answer: What Are Resources Give Examples?

What are the 5 types of resources?

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 wellbeing..

What are 20 natural resources?

Natural Resources by CountryBauxite.Coal.Copper.Diamonds.Gold Lead.Iron ore.Mineral sands.Natural gas.More items…

What are the 10 natural resources?

Top 10+ Natural Resources in the WorldWater. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater. … Air. Clean air is necessary for the existence of life on this planet. … Coal. Coal is estimated to be able to last less than 200 more years. … Oil. … Natural gas. … Phosphorus. … Bauxite. … Copper.More items…

What is resource very short answer?

A resource is a source or supply from which a benefit is produced. Resources can broadly classified upon their availability—they are classified into renewable and non renewable resources. … From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.

What are different types of resources?

Types of Resources: Resources are usually classified into three types, viz. natural, human made and human resources. Natural Resource: Resources which are obtained from nature are called natural resources.

What is the most important resource?

Human resourceHuman resource is considered to be the most significant resource of a country, which directly contributes to the countries economy with its productivity.

What are 4 types of resources?

Resources are the Land , Labor , Physical Captial , Human Capital , and Entrepreneurship . Land -The land that we use in the production of goods and services.

How many types of resources name them?

First, students will learn about three types of resources (human, natural, and capital) that are a part of communities and cultures. Then they will cut and paste different images provided as they sort them into columns for each type of resource.

What is Resource Class 8?

Resources Class 8 Notes Social Science Geography Chapter 1. Resources: Anything that has some utility to satisfy our needs is known as a resource. … On the basis of their origin, resources are classified as Abiotic resources and Biotic resources.

What are resources explain?

A Resource is a source or supply from which a benefit is produced and that has some utility and worth. … Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.

What are 5 examples of renewable resources?

Top five examples of renewable resourcesSolar energy.Wind energy.Geothermal energy.Hydropower.Bioenergy.

What are resources in simple words?

noun. a source of supply, support, or aid, especially one that can be readily drawn upon when needed. resources, the collective wealth of a country or its means of producing wealth. Usually resources. money, or any property that can be converted into money; assets.

What are the two types of resources?

There are two main types of natural resources, renewable and non-renewable resources.

What are resources give two examples?

2 Answers. Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible, economically . feasible and culturally acceptable can be termed as Resource. Examples, coal, water, air, minerals, etc.

What is resource and its types?

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.

How do you classify natural resources?

Natural resources can be classified as potential, actual, reserve, or stock resources based on their stage of development. Natural resources are either renewable or non-renewable depending on whether or not they replenish naturally. Natural resource utilization is regulated through the use of taxes and permits.

What is importance of resources?

Resources are important for the development of any country. For example, to generate energy, one need fossil fuels; and for industrial development, we require mineral resources. … Natural resources are getting scarce with the increasing population, so it is essential to conserve them.