What are the main types of resources?
Following are the different types of resources and their significance:Natural Resources.
All things and resources that are naturally abundant are referred to as natural resource.
These refer to resources that are produced by humans from already available natural things.
What are the 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 5 types of resources?
What are the two major 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 the classification of resources?
Resources can be classified in the following ways– (a) On the basis of origin – biotic and abiotic (b) On the basis of exhaustibility – renewable and non-renewable (c) On the basis of ownership – individual, community, national and international (d) On the basis of status of development – potential, developed stock and …