A country's social, economic and political strength lies in the distribution, utilization and conservation of its resources. Anything which can be used for satisfying human needs is called a resource. Natural resources are resources that exist without the action of humankind and are obtained from the environment. Resources cannot always be consumed in their original form; they must be processed into usable commodities and things.
1. Importance of Resources
- Natural resources satisfy the daily needs of man such as food, clothing and shelter.
- Natural resources also contribute immensely to boost up a nation's economy.
2. Classification of Natural Resources
| Basis | Types |
|---|---|
| Basis of origin | Biotic resources and Abiotic resources |
| Basis of renewability | Renewable resources and Non-renewable resources |