What are the various types of resources?
Answer:
Resources is a vast concept. Resources are everything that is useful and contributes value to society. A resource is a water, air, food, animals, plants, metals, minerals, and anything else that exists in nature and also has usefulness to human civilization. The value of such a resource is based on its functionality and other variables.
Metals, for example, have an economic value includes silver, gold, bronze or copper, i.e. they can be traded for profit. However, rivers, mountains, forests, or sea are also resources but have no economic benefit.
The types of resources are
The resources available in the environment in which people can use are called natural resources. We need to conserve our natural resources since they are restricted in amount. Natural resources sustain a balanced ecosystem and environment.
Examples:
If humans use natural things to create something better that makes our lives usefulness and meaning, it’s considered as human-made resources. Since people have the expertise, intellect and experience and use technology to turn a natural resource into useful and beneficial things, and they become a resource themselves.
Examples: