We all know about resources and their examples. The resources around us are natural and artificial which makes our life easy. And there are some without which we can not even survive. We have been using them for ages. So, what is this article about then? Here, we are going to look at the resource and its classification, i.e., different types of resources with examples in great detail. This article will tell you about the two main types of resources. This is going to be exciting and interesting!
1. What is Resource and its Classification?
The definition of a resource and its classification is something that is useful to humans. It can be natural or artificial. Natural resources are found in nature and are used by humans after some modifications. Artificial resources are produced artificially by humans through certain processes. The raw material for these resources can or cannot be taken from nature. The resources are mainly classified as renewable and non-renewable resources. (See What are Physical Resources?)
2. How many Types of Resources are there?
Here, we are going to look at the different types of resources with examples.
- Natural Resources: Natural resources are the ones found in nature. They can be used as they are found in nature or can be modified to some extent to make them usable. E.g.: metals, oil, wood, etc.
- Man-made Resources: Man-made resources, as the name suggests, are the resources that are artificially made by man. These did not exist in nature and had to be created by certain processes. Nature may or may not provide the raw material for these things to be made. E.g.: Paper, plastic, rubber, etc.
- Human resources: The set or group of people who make up the workforce of any organization, office, or business is called human resources. The individuals are required to possess some skills and knowledge.
- Environmental Resources: Environmental resources consist of land, air, and water. Any activity on these surfaces affects the environment.
- Vegetation: Vegetation is an important resource. It serves multiple purposes. The vegetation regions are many where different types of crops are grown. Some of them are forest, desert, grassland, ice sheet, and tundra.
- Water Resources: Water Resources are natural resources that are useful for humans. Fresh water is of the utmost importance which consists of only 3% of the total water on the Earth.
- Mineral resource: Mineral resource is a very valuable resource as minerals are used for multiple purposes. The mineral resources include both metals and non-metals. These natural resources are finite and non-renewable in nature.
- Renewable resources: Renewable resources are resources that can be replenished after their usage or consumption. This can be done naturally or through some human-made processes. E.g.: wind energy, solar energy, etc.
- Non-renewable resources: Non-renewable resources are those resources that cannot be replenished once they are consumed. They are available in limited quantities on Earth. They cannot be produced artificially also. This is a cause of concern because most of the resources that we are dependent on for energy needs are non-renewable resources. E.g.: coal, oil, natural gas, etc.
- Capital: Capital is anything that is required for easy working to produce goods and services. It can include the money that an organization has to buy assets. The capital includes everything, from the simple table to the complicated machinery.
3. What are Different Types of Resources with Examples?
The different types of resources with examples are:
- Abiotic resources: Abiotic resources are the non-living resources present in the environment. These are the components that are equally important for the survival of all the species on the earth. Examples are soil, water, air, sunlight, etc.
- Biotic resources: Biotic resources are the living components present on the earth. These are dependent on nature and the environment and even on the rest of the species to get their needs fulfilled. Examples are trees, animals, humans, insects, etc.
- Renewable resources: Renewable resources are the ones that can be used multiple times without them getting depleted. They can be generated back too once they are used. The processes for their replenishment can be natural or man-made. Examples are solar energy, biomass, wind energy, etc.
- Non-renewable resources: These resources cannot be generated back once they are depleted. They are naturally occurring resources and cannot be produced by man-made processes. These are available in limited quantities. Examples are coal, gas, oil, etc.
- Human resources: Human resources are a group of people who do the work for any organization or company. The work done by them can be physical labor or intellectual work. Anything productive done by humans for their organization is called human resources.
- Man-made resources: Man-made resources are the resources that are developed by man through artificial processes. The materials for the making of these can or cannot be obtained from nature.
- Natural resources: Natural resources are the ones found in nature and are used by humans. The usage of these resources can be done directly or after some modifications. Examples are metals, oil, gas, minerals, etc.
- Artificial resources: Among the different types of resources with examples, artificial resources are those resources that are artificially produced by humans and are not available in nature. Sometimes, the raw material used to make them can be obtained from nature. They cannot be naturally replenished and everything for them has to be done by humans. Examples are buildings, roads, vehicles, furniture, etc.
4. What are the Two Main Types of Resources?
There are different types of resources with examples available on the earth that are important for the survival of species. The two main types of resources are renewable and non-renewable resources.
- Renewable resources: Renewable resources are those resources that can be used endlessly without them getting depleted by usage or consumption. These resources can be generated back using natural or artificial processes and can be used without the fear of them getting over. These can be replenished in a finite amount of time either naturally or by certain artificial processes. These resources are safer to use than non-renewable resources. Examples of renewable resources are hydropower, wind energy, solar energy, biomass energy, etc.
- Non-renewable resources: Non-renewable resources are those resources that cannot be generated back once they are depleted due to their usage and consumption. These resources cannot be replaced once they are finished. The major problem with them is that they cannot be artificially generated too after their depletion. They are naturally occurring resources, hence cannot be produced by humans. These resources occur on and are derived from Earth. These are available in finite supply that can take billions of years to replenish. Because they are diminishing, they are becoming expensive. Complicated machinery is used to extract these resources from the Earth. Examples of non-renewable resources are oil, coal, gas, petroleum, etc.
5. What are 4 Types of Resources in Economics?
The different types of resources with examples in economics mean the ones that can actually produce products or services. The 4 types of resources in economics are labor, land, capital, and entrepreneurship. So, let’s look at these different types of resources with examples.
- Labor: The human resource that is available to contribute to the economy is labor. It can include both physical and intellectual labor. Any work done by humans in the process of transforming raw material into a finished usable item is labor. The services by humans that contribute to the production of goods and services are the labor in economics.
- Land: The land in nature varies widely in terms of the resources available in it. The land is not just real estate, but everything that is found on natural land. It includes trees, water, livestock, plants, sun, wind, etc. These are basically the natural resources available in the environment. Some of them are renewable while others cannot be renewed.
- Capital: Capital is the tangible asset in the economy. These are the resources that are necessary for the goods and services to get produced. Capital can include all the assets that the company has. From the basic tables and chairs to the complicated machinery used to produce the goods, everything is capital. The money that is required for these assets is also a major type of capital. Without capital, the other resources are not of much use.
6. What are Types of Resources in Geography?
Some of the different types of resources with examples in geography are:
- Land resource: Land is one of the most important resources on Earth. It is required for everything. It acts as a base for everything. Humans, along with most of the other species, live on land. All the factories and organizations that are there to produce goods and services are settled on the land. The trees, plants, and crops grow on land that is necessary for survival.
- Water resource: Water is of the utmost importance to all the species on the earth. We are blessed to have water in a liquid state that is also safe to use. Without water, no species can survive. Water is required for all purposes, from basic cooking and drinking to the production of things in factories.
- Air resource: The atmosphere of the earth is not less than any boon. The air we breathe is present in the environment and every organism on earth is surviving because of the atmosphere of the earth. The atmosphere is composed of many gases that serve important purposes and are necessary for survival.
7. What are 4 Types of Natural Resources?
The different types of resources with examples make it easier for us to understand them. So, the 4 types of natural resources are:
- Renewable resources: Renewable resources are resources that can be replenished after depletion due to consumption and usage. These can be generated back easily either through natural processes or artificially. They do not cause harm to the environment and are safe to use.
- Non-renewable resources: These resources are those that cannot be generated back once they are depleted. These are available in finite amounts in nature and they cannot be generated once they are used or consumed. No artificial or natural process has been developed that can produce these resources. It is a cause of concern because we have been using non-renewable resources for most of our energy needs. Nowadays, alternate energy resources are being tried out.
- Biotic resources: Biotic resources are the living things present on the earth. These are the organisms that are living or those that once lived and have been converted into fossils. It includes all major components like plants, trees, insects, humans, etc.
- Abiotic resources: These are all the non-living things present on the earth. These are equally important parts of the environment and without them, life would not be possible. These resources are obtained from the atmosphere, lithosphere, and hydrosphere. Examples of abiotic resources are sunlight, air, water, soil, etc.
8. What is Man Made Resources? What are its Example?
Man-made resources are those resources that are artificially produced by humans. These include many products and services. The raw material used to make these products can or cannot be obtained from nature. These resources can range from small pens to large buildings and bridges. The man-made resources include materials and processes modified by humans to get the work done. These different types of resources with examples are used by many for multiple purposes. Examples of man-made resources are bridges, buildings, chairs, rubber, plastic, cars, etc. (See What does Centrifugal mean in Human Geography?)
9. What are Examples of Renewable Resources?
There are many examples of renewable resources. Some of them are:
- Solar energy: The energy and heat from the sun that is harnessed using multiple technologies so that it can be used for some good purpose is solar energy.
- Wind energy: Wind energy is a safe and renewable form of energy. Wind turbines are used to harness the energy from the wind that is used for the production of electricity.
- Hydro energy: Hydro energy or water energy is the use of high-speed, fast-falling water to generate electricity. The energy is also used to power machines.
- Bio-fuels: Biofuels are produced from biomass over a short span of time. Biomass can also be used as fuel directly.
- Geothermal energy: Geothermal energy is the energy obtained from the earth’s crust. It originated from the formation of the planet and the radioactive decay of materials.
- Biomass energy: Biomass energy is the energy that is obtained from living or once-living organisms. Things such as corn or soy can be burned to generate energy or convert it into electricity too.
- Tidal energy: Tidal energy is generated from the ocean using waves. During the rise and fall of tides, the surge of ocean waters is used to generate tidal energy. So, this is, therefore, a renewable form of energy.
This article covered almost all the resource types. It covered many different types of resources with examples. We also tried to look at the definition of a resource and its classification. Hope this article was informative and helped you! (Also read Nature and Scope of Physical Geography)