Quick Answer: What Is Resource Short Answer?

What is natural resources and its importance?

Natural resources are those components of environment which are inherently created by environment for supporting life.

These resources are very essential for sustaining life on earth.

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These resources are available in the form of air, water, mineral, soil, forest, plant, energy etc..

What are 3 renewable resources?

Renewable resources include biomass energy (such as ethanol), hydropower, geothermal power, wind energy, and solar energy. Biomass refers to organic material from plants or animals.

What is resource for class 10th?

Everything available in our environment which can be used to satisfy our needs, is called a resource. It should be technologically accessible, economically feasible and culturally acceptable. Only then, it can be termed as a ‘Resource’. Examples: minerals, forests, fossil fuels etc.

What are the 7 factors of production?

Factors of ProductionLand/Natural Resources.Labor.Capital.Entrepreneurship.

What are 20 natural resources?

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

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 the importance of resource?

Natural resources are important in our life because they are used to sustain life and meet people’s requirements. Any natural substance that people utilize can be recognized as a natural resource. For instances, natural resources combine fresh water, timber, oxygen, and solar energy.

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 are the three main types of resources?

In general, there are three types of resources or sources of information: primary, secondary, and tertiary. It is important to understand these types and to know what type is appropriate for your coursework prior to searching for information.

What is considered a resource?

A resource is money as well as something that you own and can turn into cash. Examples of resources are property, stocks, bonds, and bank accounts.

What are 4 types of resources?

Transcript. 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 are the five type of resources?

Earth Science, Geography, Biology, Ecology The Earth’s natural resources include air, water, soil, minerals, plants, and animals.

What is the different types of resources?

These resources, called productive resources, are often classified into three groups: natural resources, human resources, and capital resources. Natural resources (often called land) refer to resources such as coal, water, trees, and land itself. Raw materials used in production come from natural resources.

What called national resources?

All the resources which are under the control of the State or Union Government are known as national resources. All the resources within political boundaries are national resources because the government even has the power to acquire private property for public good. Examples: Railways, forests.

What is resource of 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.

What is resource in short?

A resource is a source or supply from which a benefit is produced and that has some utility. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.

What are natural resources short answer?

Natural resources are materials from the Earth that are used to support life and meet people’s needs. Any natural substance that humans use can be considered a natural resource. Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water.

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.