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Resorces
ANYTHING THAT CAN SATISFY A NEED
UTILITY
the capacity to be useful OR IT'S USABILITY
VALUE
IT MEANS WORTH. A RESOURCE'S UTILITY gives it a value. it can have economical value and some do not
Commercial value
Commercial Value implies the value of our product when it is offered for sale in the market
Patent
patent is of exclusive rights over an idea
Technology
It is the application of latest knowledge and skill in doing or making things
Factors that make
resource a resource
Time and technology are two important factors
Why is the distribution of resources unequal
Earth has different climate and altitude at different places, so they differ
three types of resource
Natural resources, Man-made resources and Human resources.
natural resource
they are drawn from the nature and used without much modification
renewable
they have unlimited stock, it is not affected by human activities and gets replenished fast
non renewable
they have limited stock, they are exhaustible ,take 1000 yrs to replenish
human made resources
they are made by humans by modifying their original form
ex:- technology
Human resource
the number and ability of people , people can make best use of nature when they have knowledge and skill. They can turn a physical material into a resource
human resource development
Improving the quality of people's skills so that they are able to create more resources
resource conservation
using them carefully and allowing them to replenish
sustainable development
balancing the need of using resource and conserving them for the future
principle of sustainable development
1. respect all form of life
2. improve quality of human life
3. conserve earth's diversity
4. minimize depletion of natural resources
5. change practices towards the environment
6. care for the environment
This ends the chapter
u r my bff .-.