Question

Value of a resource depends upon

• A. Quantity of resource
• B. Quality of resource
• C. Type of society and its needs
• D. All the above

Answer 1

The correct option is D All the above

The resources are the substances which can be harnessed for the production of energy. The value of the resource depends on the quantity and the quality. The quantity describes the amount of the resource which is present on the Earth and available for use. The quality is the form in which the resource can is present and needs to be transformed so that it can be used. The metals are obtained as ores and should be purified to pure quality for use. The value depends on the type and the need of society. When there is more population residing in a society, the requirement will be more and the value of the resource will increase.

Thus, the correct answer is option D.