What are types of resources?

TYPES OF RESOURCES:

• Resources are categorized into natural, human-made and human.

1. Natural resources are those resources that are drawn from nature and are used without much modification-air, water, soils, minerals are the natural resources.

• Natural resources are classified into different groups depending upon their level of development and use, origin, renewability and distribution
• Natural resources also called as ‘gifts of nature’.

2. Human Made Resources:

Human resource refers to the number(quantity) and abilities (mental and physical) of the people.

(i) The resources which are created from the natural resources by the human resources by the human beings to produce useful products are known as Human made resources. Like roads, machinery, vehicles, etc.

(ii) Technology is also a human made resources.

3. Human Resources:

(i) Human resources refers to the number and abilities of the people. People can make the best use of nature to create more resources when they have the knowledge, skill and the technology.

(ii) People are human resources.

(iii) Improving the quality of people’s skills so that they are able to create more resources is known as Human resource development.