User:RamyaShanmugam.C/sandbox

RESOURCES Definition: Anything that satisfy our needs which includes value,utility and scarcity.These are the required quality for a resources.In these there are different varieties of societies with many kinds of people.There are three most basic resources such as LAND,LABOR and CAPITAL.In these first, land is used for our cultivation purposes and on that all living and nonliving things are presented.Next,labor without any of them help one cannot produce or invent new things.The another one capital.The word Resources is originated from Latin resurgere which means re+surgere meaning to rise up,lift.

There are three main types of resources namely, 1.Natural resources 2.Human resources 3.Human made resources NATURAL RESOURCES: The resources which we drawn from nature and we are using it without much modifications are called natural resources.The examples are air,water,and sunlight.Based on different groups it has classified into origin,stocks,distribution and finally development and use.By origin it has divided into Biotic and Abiotic. By stocks it has divided into Renewable and Non renewable.By distribution it has classified into Ubiquitous and Localised. By development and use it has divided into Actual and Potential resources. HUMAN RESOURCES: These is the resources in which people makes use of nature to create product by their skills and technologies.They will create a new product or things by use of natural things.The examples like by using wood, they will make furniture.Here people are using as a labor to make product,so these are called Human resources. HUMAN MADE RESOURCES: Some of the natural substances can be use when it has changed into another form which says the original formation has changed into another.Example like wood, by using this people are producing tables,chairs,and cupboards.