what is called actual resource ? Related: Resources (Overview)?
**Actual Resources**
Actual resources are the tangible or physical resources that exist in nature and can be directly used by humans to satisfy their needs and wants. These resources are also known as material resources or natural resources. Actual resources can be categorized into three main types: natural resources, human-made resources, and human resources.
**1. Natural Resources:**
Natural resources are the resources that are naturally available in the environment. These resources can be classified into two types:
- Renewable Resources: Renewable resources are those that can be replenished or reproduced naturally within a relatively short period of time. Examples of renewable resources include sunlight, wind, water, forests, and wildlife.
- Non-Renewable Resources: Non-renewable resources are those that cannot be replenished or reproduced within a short period of time. These resources are limited in quantity and take millions of years to form. Examples of non-renewable resources include fossil fuels like coal, oil, and natural gas, minerals like gold, silver, and copper, and rocks like granite and marble.
**2. Human-Made Resources:**
Human-made resources, also known as capital resources, are the resources that are created by humans through their knowledge and skill. These resources are used to produce goods and services. Examples of human-made resources include buildings, machinery, tools, factories, roads, bridges, and technology.
**3. Human Resources:**
Human resources refer to the human capital or the workforce of a country or organization. It includes the skills, knowledge, creativity, and labor of individuals that contribute to production and economic growth. Human resources are essential for the utilization and development of other resources.
**Significance of Actual Resources:**
Actual resources play a crucial role in the economic development and well-being of a society. They are the basis for the production of goods and services and provide the necessary inputs for various industries. The availability, accessibility, and sustainable use of actual resources are important for the growth and progress of a nation.
Moreover, the proper management and conservation of actual resources are vital for environmental sustainability and the preservation of biodiversity. Overexploitation or mismanagement of resources can lead to their depletion and environmental degradation. Therefore, it is important to adopt sustainable practices and promote the efficient utilization of actual resources to ensure their availability for future generations.
what is called actual resource ? Related: Resources (Overview)?
Actual resources are those resources where quantity is known which are being used in the present
Example:- Coal, Water & petrol
To make sure you are not studying endlessly, EduRev has designed Class 8 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 8.