A Resource is something that can be used for a purpose. For example, tools and materials are resources. There are many kinds of resource: Resource (Types and Developments), any natural or human wealth that can be used for satisfying human needs.
What does resource mean definition?
1a : a source of supply or support : an available means —usually used in plural. b : a natural source of wealth or revenue —often used in plural. c : a natural feature or phenomenon that enhances the quality of human life. d : computable wealth —usually used in plural.
What is resource and example?
The definition of a resource is something that is ready to use if or when it is needed. An example of resource is extra money in a savings account. An example of resource is a friend with electrical skills who has volunteered to help install a lighting fixture. An example of resource is spring water on a piece of land.
What does resource mean in science?
A resource is a physical material that humans need and value such as land, air, and water. Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.
Is money a resource?
Money is not capital as economists define capital because it is not a productive resource. Money merely facilitates trade, but it is not in itself a productive resource. Remember, goods and services are scarce because the factors of production used to produce them are scarce.
What are importance of resources?
Resources are important for us as we utilise them to satisfy our wants. Many minerals like iron, copper, mica etc. are used in industries for manufacturing various goods. Minerals like coal and petroleum are used for the generation of electricity.
Can a person be a resource?
He himself can never be a resource. Making him a resource is degrading him to other living things and non-living things which are basically resources to him. By human resource management, we testify inhuman reactions to workers since are considered as resources and objects of the managers.
What is ment by resource?
a source of supply, support, or aid, especially one that can be readily drawn upon when needed. resources, the collective wealth of a country or its means of producing wealth. Usually resources. money, or any property that can be converted into money; assets. Often resources.
What is resource very short answer?
Resource refers to all the materials available in our environment which help us to satisfy our needs and wants. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources. An item becomes a resource with time and developing technology.
What is the example of stock resources?
Examples of stock resources include fossil fuels (coal, oil, gas) as well as minerals such as gold, copper, tin, uranium etc. In contrast to stock resources, flow resources are renewed within a short timescale, either through natural physical systems or biotic reproduction.
Which is the correct definition of the word resource?
capability, ingenuity, and initiative; quick-wittednessa man of resource. (often plural) a source of economic wealth, esp of a country (mineral, land, labour, etc) or business enterprise (capital, equipment, personnel, etc) a supply or source of aid or support; something resorted to in time of need.
Which is the best definition of community resources?
Traditional community resources start with organizations that focus on helping people, such as support groups and poverty outreach groups, but the definition of community resources is much broader. It includes public services, such as libraries and post offices; gathering places,…
What is the meaning of the word resort?
resource, resort, expedient, shift, makeshift, stopgap mean something one turns to in the absence of the usual means or source of supply. resource and resort apply to anything one falls back upon.
Which is the best definition of a natural resource?
From a human perspective a natural resource is anything obtained from the environment to satisfy human needs and wants. From a broader biological or ecological perspective a resource satisfies the needs of a living organism.
