What Are Resources?? Defination And Types

What Are Resources?? Defination And Types

If we talk about What are Resources?? Defination and Types. Resources simply are those things which help us in doing our work. Work can be of any type weather running enterprise, doing some work for house etc. It is mainly two types Manmade Resources and Natural Resources. So today we are going to discuss what are resources?? defination and types.

What Are Resources?? Defination And Types

As i said that resources are used in our work, any kind of work. Firstly we have to know the exact meaning and defination of resource.

Resource: Meaning and Defination

resource is a source or supply from which benefit is produced. 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 or wants, proper functioning of a system, or enhanced well being.

source of supply, support,or aid,especially one that can be readilydrawn upon when needed.

Types of Resources

Mainly there are two types of resources but in economics, resources are of three types first is Natural Resource( energy, coal, fuel etc.), second is Manmade Resource or Human Resource( labour, workers, infrastructure, machine etc.) And the last one is Capital Resource( finance, money etc.). So here we discuss mainly first two types of resources in details.

1. Natural Resource

2. Manmade Resources

What Are Resources?? Defination And Types

1. Natural Resource

Natural Resource are those resources which we get from nature and it is the gift of the god because the air we breathe, the water we drink, the land in which we are living and grow our food for life all are the natural resources. Natural Resource are mainly of two types:

A. Renewable Resources

B. Non Renewable Resources

What Are Resources?? Defination And Types

2. Manmade Resources

Manmade Resources are those resources which are made by humans by transforming the natural resources for the betterment of human like Roads, Building, Vechiles, Technology, Infrastructure etc. But some manmade resources are harming our natural resources.

At last i only want to say that resources is very necessary in our life, so use it in a good or better way.

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.