Class 10 Exam  >  Class 10 Questions  >  Define resource . How are resource classified... Start Learning for Free
Define resource . How are resource classified?
Most Upvoted Answer
Define resource . How are resource classified?
Resource refers to any natural or artificial material or substance that has utility and economic value. It can be classified based on various criteria, such as origin, renewability, stage of development, and ownership.

Classification of Resources:

1. Natural Resources:
Natural resources are materials and substances that exist in the environment without human intervention. They can be classified as:

- Renewable resources: These resources can be replenished naturally or through human intervention. Examples include solar energy, wind energy, and water.
- Non-renewable resources: These resources cannot be replenished once they are used up. Examples include fossil fuels such as coal, oil, and natural gas.

2. Human-made Resources:
Human-made resources are materials and substances that are created by humans for various purposes. They can be classified as:

- Infrastructure: These are the basic facilities and systems that enable economic activity. Examples include roads, bridges, and buildings.
- Industrial resources: These are materials and substances that are used in the production of goods and services. Examples include machinery, tools, and equipment.
- Knowledge resources: These are intangible resources that include knowledge, skills, and expertise. Examples include education and training.

3. National Resources:
National resources are those resources that belong to a country or a nation as a whole. They can be classified as:

- Private resources: These are resources that are owned by individuals or private entities. Examples include private land and buildings.
- Public resources: These are resources that are owned by the government or public entities. Examples include public land and buildings.

In conclusion, resources are essential for economic growth and development. They are classified based on various criteria, such as origin, renewability, stage of development, and ownership. Understanding the classification of resources helps in their management and sustainable use.
Community Answer
Define resource . How are resource classified?
Everything in our environment that can be used to satisfy our needs, which is technologically accessible economically feasible and culturally acceptable can be termed as resource. Resource can be classified on the basis of exhaustibility, ownership, status of development, origin
Attention Class 10 Students!
To make sure you are not studying endlessly, EduRev has designed Class 10 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 10.
Explore Courses for Class 10 exam

Top Courses for Class 10

Define resource . How are resource classified?
Question Description
Define resource . How are resource classified? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Define resource . How are resource classified? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Define resource . How are resource classified?.
Solutions for Define resource . How are resource classified? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.
Here you can find the meaning of Define resource . How are resource classified? defined & explained in the simplest way possible. Besides giving the explanation of Define resource . How are resource classified?, a detailed solution for Define resource . How are resource classified? has been provided alongside types of Define resource . How are resource classified? theory, EduRev gives you an ample number of questions to practice Define resource . How are resource classified? tests, examples and also practice Class 10 tests.
Explore Courses for Class 10 exam

Top Courses for Class 10

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev