ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ are from nature.
A
natural resources
B
human resources
C
capital resources
D
None of the above
Explanation: 

Detailed explanation-1: -Any natural substance that humans use can be considered a natural resource. 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-2: -(a) Natural resources are the things present in the environment that can be used by humans. Three important natural resources are water, fossil fuels, like coal and petroleum, and forest and wildlife.

Detailed explanation-3: -Natural resources are materials or substances which are found in nature and can be used for economic gains, such as minerals, forests, water and fertile land.

Detailed explanation-4: -First, students will learn about three types of resources (human, natural, and capital) that are a part of communities and cultures.

Detailed explanation-5: -3.1 Biotic & Abiotic. 3.2 Renewable & Non-renewable. 3.3 Potential, Developed, and Stock Resources.

There is 1 question to complete.