Classification of Resources


 
 
Concept Explanation
 

Classification of Resources

Resource:

Everything in our environment that can be used to satisfy our needs which is technologically accessible, economically feasible and culturally acceptable can be termed as Resource. Human beings themselves are essential components of resources. With technology and institutions (structures), they transform materials available nature into economically viable resources. 

Resources are the functions of human activities.

They are everything available in the environment that can be used to satisfy our needs.

Anything that is useful or has value is a resource. A value can be of various types: legal, aesthetic, ethical or economic.

  • Legal value: an example is the law passed in Delhi under Clean Air Act, that all vehicles must have a pollution free certificate. This law provides a legal value of air.
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    Sample Questions
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    Question : 1

    Resources are generally classified into __________________--

    Right Option : B
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    Explanation
    Question : 2

    Which of the following is an example of a renewable resource?

    Right Option : C
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    Explanation
    Question : 3

    What type of resource is a forest preserved for its natural beauty?

    Right Option : B
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    Explanation
     
     
     
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