What is the condition for a substance to be called a resource ?

Question

Answer

Utility or usability is what makes an object or a substance a 'resource'. A resource is anything that can be used to satisfy a need and has value. and economic value give a substance as a resource.

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For a substance to be called a resource, it must have utility or usefulness to humans. A resource is anything that people find valuable and use to meet their needs or wants. This can include natural resources like water, minerals, and forests, as well as human-made resources like tools, buildings, and machines.

Answer

Definition of a Resource

A substance can be called a resource if it meets certain conditions. Resources can be broadly defined as materials or substances that have value and can be used to meet human needs or provide benefits. These conditions can be categorized into three main aspects: availability, utility, and sustainability.

Availability
The first condition for a substance to be called a resource is its availability. Resources should be present in sufficient quantities to meet the demand for them. They need to be accessible and obtainable in a usable form. If a substance is scarce or difficult to access, it may not be considered a resource, as it would not be able to fulfill the needs of society.

Utility
The second condition is the utility of the substance. Resources must have the ability to fulfill human needs or provide benefits. They should possess properties or characteristics that make them suitable for use in various applications. For example, water is a resource because it is essential for human survival and has multiple uses such as drinking, agriculture, and industrial processes. The substance should have a practical purpose or value that can be harnessed by humans.

Sustainability
The third condition is sustainability. Resources should be used in a manner that ensures their long-term availability and does not deplete or damage them. Sustainable resource management involves balancing the rate of extraction or consumption with the rate of replenishment or regeneration. If a substance is used in an unsustainable manner, it may cease to be a resource in the future.

Conclusion
In conclusion, for a substance to be considered a resource, it needs to fulfill certain conditions. It should be available in sufficient quantities, possess utility or practical value, and be used in a sustainable manner. By meeting these criteria, resources can be effectively utilized to meet human needs while ensuring their long-term availability for future generations.

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Anything which satisfy our need and have a value is called resource .

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It must have a utility

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It must have utility and value  is a condition for a substance to be called a resource.

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It's economic value, usefulness, and utility

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The condition for a substance to be called a resource is it must have some utility and economic value
Anything that satisfy a human need is called a resource..

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