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describe the various basis of classification of resources with the help of examples?
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Most Upvoted Answer
describe the various basis of classification of resources with the hel...
Resources can be classified on different bases into following types :
=)On the basis of origin : Biotic and Abiotic
=)On the basis of exhaustibility : renewable and Non-renewable
=)On the basis of ownership :Individual, community, national and international
=)On the basis of status of development :Potential, developed, Stock and Reserves.
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describe the various basis of classification of resources with the hel...
Basis of Classification of Resources:

Resources can be classified in various ways based on different criteria. Here are some of the common bases of classification of resources along with examples:

1. Natural Resources:
- These resources are derived from nature and include air, water, minerals, forests, etc.
- Examples:
- Air: Used for breathing, production of wind energy, and transportation.
- Water: Used for drinking, irrigation, and generating hydroelectric power.
- Minerals: Used for construction, manufacturing, and energy production.
- Forests: Provide timber, medicinal plants, and maintain ecological balance.

2. Renewable Resources:
- These resources can be replenished or renewed naturally within a short span of time.
- Examples:
- Solar Energy: Derived from the sun and can be used for heating, electricity generation, and lighting.
- Wind Energy: Generated by wind turbines and used for electricity production.
- Biomass: Organic matter such as crop residues, wood, and animal waste used for energy production.

3. Non-renewable Resources:
- These resources are limited in nature and cannot be replenished within a short span of time.
- Examples:
- Fossil Fuels: Coal, oil, and natural gas used for energy production.
- Metallic Minerals: Iron ore, copper, and gold used for manufacturing and construction.
- Non-metallic Minerals: Limestone, gypsum, and salt used in industries and agriculture.

4. Human Resources:
- These resources include the human workforce and their skills, abilities, and knowledge.
- Examples:
- Doctors: Provide medical services and expertise in healthcare.
- Engineers: Design and construct buildings, bridges, and other infrastructure.
- Teachers: Impart knowledge and education to students.
- Farmers: Cultivate crops and raise livestock for food production.

5. Industrial Resources:
- These resources are used in the production of goods and services.
- Examples:
- Raw Materials: Used in manufacturing processes, such as iron ore for steel production.
- Machinery and Equipment: Tools and machinery used in factories for production.
- Infrastructure: Buildings, roads, and utilities that support industrial activities.

6. Community Resources:
- These resources are collectively owned and used by a community.
- Examples:
- Public Parks: Spaces for recreational activities and community gatherings.
- Libraries: Provide access to books, educational resources, and information.
- Community Centers: Facilities for social events, meetings, and cultural activities.

7. Financial Resources:
- These resources refer to money and financial assets.
- Examples:
- Savings: Personal funds accumulated over time for future use.
- Bank Loans: Financial assistance provided by banks for various purposes.
- Investments: Funds allocated in stocks, bonds, real estate, etc. for income generation.

8. Technological Resources:
- These resources include knowledge, tools, and techniques used in technology-driven fields.
- Examples:
- Computer Software: Programs and applications used for various tasks.
- Research and Development: Processes to improve existing technologies and develop new ones.
- Communication Systems: Devices and networks enabling the exchange of information.

9. Energy Resources:
- These resources provide energy for various purposes.
- Examples:
- Electricity: Used for
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describe the various basis of classification of resources with the help of examples? Related: Chapter Notes (Part - 1) - Human Resources?
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