Resources are generally classified into natural, human-made, and human. Resources that are drawn from Nature and used without much modification are called natural resources.

Types of Resources

There are various types of resources available in the world. These are classified based on different criteria. One of the most common ways of classifying resources is based on their origin and availability. Resources are generally classified into three types:

1. Natural Resources
Natural resources are those resources that are obtained from nature and are not created by humans. These resources are available in the form of air, water, land, minerals, forests, wildlife, etc. Natural resources are further classified into two types:

Renewable Resources: These are resources that can be replenished naturally and can be used again and again. For example, solar energy, wind energy, water, etc.

Non-renewable Resources: These are resources that cannot be replenished naturally and are limited in quantity. For example, fossil fuels like coal, oil, natural gas, etc.

2. Human Resources
Human resources refer to the people who work and contribute to the development of a country or an organization. These resources are classified into two types:

Skilled Resources: These are resources that have specialized knowledge or skills in a particular field. For example, doctors, engineers, scientists, etc.

Unskilled Resources: These are resources that do not have specialized knowledge or skills and are employed in low-skill jobs. For example, laborers, helpers, etc.

3. Capital Resources
Capital resources refer to the tools and equipment used in the production of goods and services. These resources are classified into two types:

Physical Capital: These are resources that are tangible and can be seen and touched. For example, machinery, buildings, vehicles, etc.

Financial Capital: These are resources that are in the form of money and are used to purchase physical capital. For example, stocks, bonds, loans, etc.

Conclusion
Resources are classified into three types based on their origin and availability: natural resources, human resources, and capital resources. Each type of resource plays an important role in the development of a country or an organization. Understanding the types of resources is essential for effective resource management and sustainable development.

Resources are classified into 3 types
Natural resources
Human made resources
Human resources