Question: What Are Resources Give Two Examples?

What are the major 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..

How can we broadly classify resources?

Resources can be broadly classified into natural resources, human made resources and human resources. Resources derived from nature are called natural resources. Air, water found in rivers, lakes and ponds, sunlight, soil, minerals, natural vegetation and wildlife are some examples of natural resources.

What is re source?

1a : a source of supply or support : an available means —usually used in plural. b : a natural source of wealth or revenue —often used in plural.

What are the two main types of resources?

A resource is a physical material that humans need and value such as land, air, and water. Resources are characterized as renewable or nonrenewable; a renewable resource can replenish itself at the rate it is used, while a nonrenewable resource has a limited supply.

What are resources give example?

The definition of a resource is something that is ready to use if or when it is needed. An example of resource is extra money in a savings account. An example of resource is a friend with electrical skills who has volunteered to help install a lighting fixture. An example of resource is spring water on a piece of land.

What is a resource 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 national resources give two examples?

All the resources which are under the control of the State or Union Government are known as national resources. All the resources within political boundaries are national resources because the government even has the power to acquire private property for public good. Examples: Railways, forests.

What are the 10 natural resources?

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

What are individual resources?

Individual resources are those resources which are owned by an individual and can’t be accessed by someone else. These are also referred as private resource. These are indicators of a capitalist country and its influence.

What is a community resource?

Community Resources are assets in a community that help meet certain needs for those around them. These assets can be people, places or structures, and community services.

What are the 5 types of resources?

Natural ResourcesBiotic & Abiotic. Any life form that lives within nature is a Biotic Resource, like humans, animals, plants, etc. … Renewable & Non-renewable. Renewable resources are almost all elements of nature which can renew themselves. … Potential, Developed, and Stock Resources.

What is resource in simple words?

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.

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.

What are the classification of resources?

Resources can be categorized on the basis of origin: Abiotic resources comprise non-living things (e.g., land, water, air and minerals such as gold, iron, copper, silver). Biotic resources are obtained from the biosphere.

What qualities are needed to be called a resource?

What Are Resources? Resources can be anything from people and teams to equipment and materials….Planning. … Detail oriented. … Manage priorities. … Great communication.

What is the difference between source and resource?

What Is The Difference Between Source And Resource? A source is a place or person from which you can obtain something useful or valuable. A resource is something that can be used to perform some function. … Many times, a source is the same as a resource, but not always.