Quick Answer: What Is Resource Short Answer?

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 resource give two examples?

Give two examples. Ans. 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.

What are some examples of resources?

11 Examples of ResourcesKnowledge. Knowledge such as know-how.Labor. The productive capacity of people.Land. Space for nature, living, commercial activity, agriculture and energy production.Natural Resources. Air, water, trees, minerals and other resources that come from the natural environment.Energy. … Technology. … Services. … Finance.More items…•

What are the 4 types of resources?

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 5 types of resources?

Air, water, food, plants, animals, minerals, metals, and everything else that exists in nature and has utility to mankind is a ‘Resource’. The value of each such resource depends on its utility and other factors.

What is a resource class 8?

Resources Class 8 Notes Social Science Geography Chapter 1. Resources: Anything that has some utility to satisfy our needs is known as a resource. … On the basis of their origin, resources are classified as Abiotic resources and Biotic resources.

What are the main 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 …

What is called a resource?

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 is a resource very short answer?

A resource is a source or supply from which a benefit is produced. Resources can broadly classified upon their availability—they are classified into renewable and non renewable resources. … From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants.

What is the definition of resources in geography?

A resource is any physical material constituting part of Earth that people need and value. Natural materials become resources when humans value them. The uses and values of resources change from culture to culture and from time to time. Resources are spatially distributed varying in quantity and quality.

What are the two main 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 five personal resources?

While you played, you used imagination, concentration, observation, sensory awareness, and body movements. These five skills were—and are—extremely valuable to you in your personal development.

What are 5 examples of renewable resources?

Top five examples of renewable resourcesSolar energy.Wind energy.Geothermal energy.Hydropower.Bioenergy.

What are the three types of resources?

In general, there are three types of resources or sources of information: primary, secondary, and tertiary.

How many types of resources are there?

three typesResources are usually classified into three types, viz. natural, human made and human resources.

What are 3 renewable resources?

Renewable resources include biomass energy (such as ethanol), hydropower, geothermal power, wind energy, and solar energy.

Is time a resource?

Time is the most valuable asset you have. It’s a non-renewable resource you can never get back.

What are the 10 natural resources?

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

What is importance of resources?

Resources are important for the development of any country. For example, to generate energy, one need fossil fuels; and for industrial development, we require mineral resources. … Natural resources are getting scarce with the increasing population, so it is essential to conserve them.