ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -These are the resources that are found in the environment and are developed without the intervention of humans. Common examples of natural resources include air, sunlight, water, soil, stone, plants, animals, and fossil fuels.

Detailed explanation-2: -The long range of mountains, the wide oceans, the sparkling streams, the dense forests, the animals, birds and insects are the gifts of nature.

Detailed explanation-3: -As we already know that fossil fuels, water, wind, sunlight, forests, animals, minerals, valuable metals and even tides are the gifts of nature that we use as resources.

Detailed explanation-4: -They include air, water, soil, and forests. These resources are however limited and should be utilized with caution.

Detailed explanation-5: -Land is a free gift of nature as it is not created by mankind. All the natural resources, flora and fauna, earth, buildings, avenues, air, water, minerals etc. are available to human beings as free gifts of nature.