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Resources
Essential elements in our lives and in the world around us that we use to fulfill our needs whether basic or complex
Natural
Human made
Human
Types of Resources
Natural Resources
Material or substances that occurs in nature and can be used for economic benefit or to satisfy human needs
Human Made Resources
Items created by humans using natural resources providing utility and value such as buildings, machinery, tools, and infrastructure
Human Resources
Knowledge, skills, and labor that people contribute to work
Utility
Functionality
Serviceability
Acceptability
Demand
Obsolescence
Limitations
Accessability/Feasability
Eco-friendliness
Ability to preserve biosphere
Important Characteristics of Resource
On the basis of origin
Exhaustability
Ownership
The status of development
Distribution
Classification of Resources
On the Basis of Origin
Biotic Resources
Abiotic Resources
Biotic Resources
All living organisms in our environment
Ex: animals, plants, insects
Abiotic Resources
All non-living things present in our environment
Ex: rock, metals, water
On the Basis of Exhaustability
Renewable Resources
Non-renewable Resources
Renewable Resources
Can be replenished after a short period of time
Ex: wind, water, sunlight
Non-renewable Resources
Are formed for a substantially long geological time
Ex: metals, fossil fuels
On the Basis of Ownership
Individual Resources
Community Resources
National Resources
International Resources
Individual Resources
Owned privately by individuals
Community Resources
Resources that are accessible to all member of the community
National Resources
Resources that belong to the nation
International Resources
Resources regulated by international bodies
On the Basis of the State Development
Potential Resources
Developed Resources
Stock
Reserves
Potential Resources
Found ij a particular region but not yet used properly
Developed Resources
Developed and surveyed for utilization and are being used in present time
Stock
Resources that are available but we don't have proper technology to use them
Reserves
Resources which are available and people know how to use them but they are yet to be used
On the Basis of Distribution
Ubiquitous Resources
Localized Resources
Ubiquitous Resources
Resources that are widely available
Localized Resources
Resources that are found only on certain parts of the world