Question

What are the different types of resources? Write in briefly how each of them affects the development process.​

Answer 1

Resources are anything that has utility and adds value to your life. 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. For example, metals are gold, silver, copper or bronze have economic value; i.e. they can be exchanged for money. However, mountains, rivers, sea or forests are also resources but they do not have economic value

Answer 2

Step-by-step explanation:

Resources are usually classified into three types :

1. natural

2. human made

3. human resources.

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. Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.

Dive into a discussion about the economy and resources with this interactive social studies worksheet. First, students will learn about three types of resources (human, natural, and capital) that are a part of communities and cultures. Then they will cut and paste different images provided as they sort them into columns for each type of resource. This pairs well with a second-grade curriculum.