All the gifts of nature which can satisfy our needs, provided, they are technologically accessible, economically feasible and culturally acceptable can be termed as Resource.
All the things available in nature cannot be termed as a resource.
A thing becomes a resource when human beings identify it and transform it into a usable way.
Classification Of Resources
- Biotic and Abiotic
- Exhaustibility- renewable and non-renewable
- Ownership- individual, community, national and international
- Status of development- potential, developed stock and reserves.