What is a resource

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Posted by Shailesh Kumar 5 years, 4 months ago
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Meghna Thapar 5 years, 4 months ago
The definition of a resource is something that is ready to use if or when it is needed. An example of resource is extra money in a savings account. An example of resource is a friend with electrical skills who has volunteered to help install a lighting fixture. An example of resource is spring water on a piece of land. These resources, called productive resources, are often classified into three groups: natural resources, human resources, and capital resources. Natural resources (often called land) refer to resources such as coal, water, trees, and land itself. Raw materials used in production come from natural resources.
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Niranjana.P. A P. A 5 years, 3 months ago
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