ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Resources found in nature like air, soil, sunshine, water, coal, plants, and animals.
A
Human Resources
B
Natural Resources
C
Nonrenewable Resources
D
Capital Resources
Explanation: 

Detailed explanation-1: -A renewable resource is a natural resource that cannot be used up or it is one that can be replaced within a human life span. Air, water, soil, plants, and animals are examples of renewable resources.

Detailed explanation-2: -Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well.

Detailed explanation-3: -Reason : Resources like soil, air, water are easily available in nature. Ans : (d) Both assertion and reason are false. Resources are not free gifts of nature but are present tjue to interaction of human beings with nature, technology and institutions. They are a function of human activities.

Detailed explanation-4: -Water. ••• 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. ••• Forests. ••• Iron. ••• 25-Apr-2018

Detailed explanation-5: -Water is one of the most important natural resources flowing from forests. Soil provides nutrients, water, oxygen and heat to natural land areas. Air is a third critical resource for humans, plants, animals and all other organisms within a natural area.

There is 1 question to complete.