What Is Resource Very Short Answer?

What do you mean by resource?

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 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…

How many types of resources are there?

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

What natural resources means?

Natural resources are materials created in nature that are used and usable by humans. They include natural substances (e.g., soil, water) and energy supplies (e.g., coal, gas) that serve to satisfy human needs and wants (Barsch and Bürger 1996; Minc 1976). … Natural resources are a component of the environmental setting.

What is natural resources and its importance?

Natural resources are essential to civilization as we know it, and are the basis for economy and survival. Resources such as bauxite, iron, and copper form the basis of everyday items, while water, soil, and salt are required for life. It is humanity’s duty to protect and conserve natural resources.

What is a resource for class 8?

Resources: Anything that has some utility to satisfy our needs is known as a resource. Human beings are important resources because their ideas, knowledge and skills lead to the creation of new resources. Types of Resources: There are three types of resources—Natural resources, Man-made resources and Human resources.

Is milk a natural resource?

Photo: Stock image. Milk has always been one of Ireland’s strongest natural resources and raw or unpasteurised milk has long been recognised as a complete and nutritionally balanced food. … Raw milk is rich in vitamins and contains many beneficial bacteria, enzymes, amino acids and essential Omega 3 fats.

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 the two main types of resources class 10?

Resources can be living or non-living. All resources that come from living things, like forests, land and sea animals, insects and human beings, are called biotic resources. Resources in the form of non-living things, like rocks, minerals and metals, are called abiotic resources.

What is resource and 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 resources in geography?

A resource is any physical material constituting part of Earth that people need and value. Natural materials become resources when humans value them. The uses and values of resources change from culture to culture and from time to time. Resources are spatially distributed varying in quantity and quality.

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.

What are the 4 types of resources?

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

What is the type of resources?

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. … Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.

What are the two types of resources?

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

What is resource give two examples?

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 are the three main types of resources?

In general, there are three types of resources or sources of information: primary, secondary, and tertiary.

What is resources in short?

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 20 natural resources?

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

What are some examples of resources?

11 Examples of ResourcesKnowledge. Knowledge such as know-how.Labor. The productive capacity of people.Land. Space for nature, living, commercial activity, agriculture and energy production.Natural Resources. Air, water, trees, minerals and other resources that come from the natural environment.Energy. … Technology. … Services. … Finance.More items…•