ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Natural resources are
A
all the training workers undergo to be better at their jobs
B
all of the factories, machines, technologies, buildings, and property needed by businesses to operate
C
all the items that are grown and developed by nature
D
people who invest money to start a business.
Explanation: 

Detailed explanation-1: -Natural resources are materials from the Earth that are used to support life and meet people’s needs. 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.

Detailed explanation-2: -Natural resources are made by the Earth only, and they are useful to humans in many ways. They can be biotic, such as plants, animals, and fossil fuels; or they can be abiotic, meaning they originate from nonliving and inorganic materials.

Detailed explanation-3: -(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-4: -Resources are characterized as renewable or nonrenewable; a renewable resource can replenish itself at the rate it is used, while a nonrenewable resource has a limited supply. Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.

There is 1 question to complete.