Water, electricity, Vegetables and textbook have something in common. They have all been used by you, so they have utility. Utility or usability is what makes an object or substance a resource.
All resources have value.
Value means worth. Some resources have economic value, some do not. For example, metals may have an economic value, a beautiful landscape may not. But both are important and satisfy human needs.
Resources are generally classified into natural, human made and human.
Natural resources:
Resources that are drawn from Nature and used without much modifications are called as natural resources. Natural resources can be broadly categorised into renewable and non-renewable.
Renewable resources are those which are get renewed or replenished quickly. Some of these are solar and wind energy.
Non- renewable resources are those which are of limited stock. Coal, Petroleum and natural gas are some examples.
Human Made Resources:
People use natural resources to make building, parks, bridges, roads, machinery and vehicles, which are known as human made resources.
Technology is also a human made resource.
Human resources:
People are human resources. Education and health help in making people a valuable resource. Improving the quality of people's skills so that they are able to create more resources is known as human resource development.
Conservation of Resources:
1 Resource conservation
2 Sustainable development
Using resources carefully and giving them into time to get renewed is called resource conservation. Balancing the need to use resources and also conserve then for the future is sustainable development.
- Richard_Flaming543
