Question: How Many Types Of Resources Are There?

What are the 3 different types of resources?

In general, there are three types of resources or sources of information: primary, secondary, and tertiary..

What are the 10 natural resources?

Top 10+ Natural Resources in the WorldWater. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater. … Air. Clean air is necessary for the existence of life on this planet. … Coal. Coal is estimated to be able to last less than 200 more years. … Oil. … Natural gas. … Phosphorus. … Bauxite. … Copper.More items…

What is HR example?

Human resources might deal with issues such as: Compensation and benefits. Recruiting and hiring employees. Onboarding.

What are resources explain?

Traditionally a resource was defined as a product of biological, ecological or geological processes (natural resources) that satisfies human wants. Resources are part of an ecosystem and one where it is important to maintain biodiversity and the Earth’s life-support systems (Costanzia et al., 1997).

What are the two types of resources?

There are two main types of natural resources, renewable and non-renewable resources.

What are resources and examples?

Within the broad definition of resources will be food and water resources, energy resources and mineral resources. … Examples of stock resources include fossil fuels (coal, oil, gas) as well as minerals such as gold, copper, tin, uranium etc.

What are 4 types of resources?

Resources are the Land , Labor , Physical Captial , Human Capital , and Entrepreneurship . Land -The land that we use in the production of goods and services.

What are the 5 economic resources?

Economic Theory (Traditional) DescriptionLand (all natural resources),Labor (all physical and mental talents of individuals),Capital (all manufactured aids/tools/equipment used in producing goods and services, and cash), and.More items…

What is the main purpose of resources?

resource. An economic or productive factor required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcome. Three most basic resources are land, labor, and capital; other resources include energy, entrepreneurship, information, expertise, management, and time.

What are the types of resource?

Resources are characterized as renewable or nonrenewable; a renewable resource can replenish itself at the rate it is used, while a nonrenewable resource has a limited supply. Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.

How many resources are there?

Let us take a look at the two broad types of resources – natural resources and man-made resources.

What are the 5 resources?

List the Top 5 Natural ResourcesWater. ••• Without a doubt, water is the most abundant resource on the planet. … Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life. … Coal. ••• Coal is still the most efficient type of fuel for heat generation. … Forests. ••• … Iron. •••

What is the most important resource?

Human resourceHuman resource is considered to be the most significant resource of a country, which directly contributes to the countries economy with its productivity.

What are the six natural resources?

The six natural resources most drained by our 7 billion peopleWater. Freshwater only makes 2.5% of the total volume of the world’s water, which is about 35 million km3. … Oil. The fear of reaching peak oil continues to haunt the oil industry. … Natural gas. … Phosphorus. … Coal. … Rare earth elements.

How many types of natural resources are there?

On the basis of origin, natural resources may divided into two types: Biotic — Biotic resources are obtained from the biosphere (living and organic material), such as forests and animals, and the materials that can be obtained from them.

What are 20 natural resources?

Natural Resources by CountryBauxite.Coal.Copper.Diamonds.Gold Lead.Iron ore.Mineral sands.Natural gas.More items…

Which country has most resources?

The third country on the list is Canada. … Saudi Arabia is a small country in the Middle East and is slightly larger than Mexico. … China tops the list for having the most natural resources estimated to be worth $23 trillion.More items…•

Which country is rich in mineral resources?

Venezuela The South American state is the leading producer and exporter of numerous minerals including oil, iron ore, gold, coal, and bauxite. Venezuela has over $14.3 trillion worth of unused natural resources, and a majority of their minerals are state-controlled.