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Showing posts from August, 2024

Natural Resources, types, importance

                                  NATURAL RESOURCES A resource refers to anything that is available in nature or created by humans, which can be used to satisfy needs, wants and requirements. Resources are valuable for producing goods and services, improving quality of life and supporting economic, social or environmental goals. Natural Resources All resources which are available in the nature and useful for human welfare are known as natural resources or physical resources. Ex-air, water. Zimmerman defines resources ‘as means of attaining given ends. Resources satisfy human wants. The term resource means anything in the environment which has utility.   Definition   Erich W. Zimmerman defines a resource as not just a thing or substance but the function that the thing or substance performed in order to satisfy human needs and wants. It means a thing becomes resources b...