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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. Explanation: Thanks 0.
What is resource short answer?
Resource refers to all the materials available in our environment which help us to satisfy our needs and wants. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources. An item becomes a resource with time and developing technology.
What is resource in simple words?
A Resource is something that can be used for a purpose. For example, tools and materials are resources. There are many kinds of resource: Resource (Types and Developments), any natural or human wealth that can be used for satisfying human needs.
What is a resource 1?
Founded in 1982, Resource 1 is an established Information Technology consulting firm that provides Staff Augmentation services to corporations across North America. We pride ourselves on our ability to fully understand our clients’ technical infrastructure and business objectives.
What is called a resource?
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 7 types of resources?
Every technological system makes use of seven types of resources: people, information, materials, tools and machines, energy, capital and time.
What are the 2 types of resources?
Anything from air to gold is all resources. Let us take a look at the two broad types of resources – natural resources and man-made resources.
What is resource give an example?
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 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.
How do you describe a resource?
a source of supply, support, or aid, especially one that can be readily drawn upon when needed. resources, the collective wealth of a country or its means of producing wealth. Usually resources. money, or any property that can be converted into money; assets.
What are 4 types of resources?
There are four categories of resources, or factors of production: Natural resources (land) Labor (human capital) Capital (machinery, factories, equipment) Entrepreneurship.
What are the three main types of resources?
Resources are usually classified into three types, viz. natural, human made and human resources.
What is a resource 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 are the 5 resources?
Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well. Natural resources are used to make food, fuel and raw materials for the production of goods.
What is resource classification?
The resources are classified according to their maturity with regard to development and production. Source: Norwegian Petroleum Directorate. The classification system has three classes: reserves, contingent resources and undiscovered resources. Sub-classes (resource classes) are defined by maturity.
What are the two main types of resources class 10?
Biotic Resources are obtained from the biosphere. They have life or are living resources, e.g., human beings, fisheries, forests, etc. Abiotic Resources include all non-living things, e.g., rocks and minerals.
What are 3 examples of human resources?
Examples of human resources: Recruitement, HR Letters, Compensation & Benefits Training Process, Induction & Joining Formalities, Employees Provident Fund.
What are physical resources?
physical resources. Tangible goods and real estate, including materials, office space, production facilities, office equipment, and vehicles.
What is a simple definition for energy?
energy, in physics, the capacity for doing work. It may exist in potential, kinetic, thermal, electrical, chemical, nuclear, or other various forms. There are, moreover, heat and work—i.e., energy in the process of transfer from one body to another. For example, any given body has kinetic energy if it is in motion.
What are human and non human resources?
The resources which are made by Human with the help of inorganic matter or natural things , these type of resources are called human resources, Whereas the resources which exists in nature as a God’s gift are known as non- human resources e.g. soil, water, sunlight.
What is HR example?
Human-resources meaning Human resources are defined as the people employed by a company or the department in a company in charge of hiring, training, benefits and records. An example of human resources is the department you would speak with to get more information about employee benefits.
What are the ubiquitous resources?
Natural resources are also categorized based on distribution: Ubiquitous resources are found everywhere (e.g., air, light, water). sunlight is present at most of the places in the world and on the land. So it can be considered as Ubiquitous resources.
Is money a resource?
Money is not capital as economists define capital because it is not a productive resource. Money merely facilitates trade, but it is not in itself a productive resource. Remember, goods and services are scarce because the factors of production used to produce them are scarce.
What is resource short answer 8?
Resources are broadly classified into natural, human-made and human. Natural resources are those that are taken from nature. They are used without modifying them, i.e. in the same form as they exist in. Rivers, lakes, air, soils, minerals, trees, mountains, etc.
