ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -These resources include soil, air, water, sunshine, forests, wildlife, fish, fossil fuels, metals and minerals produced by the earths natural processes. Using natural resources to meet human needs and wants has an impact on global environment.

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. Natural resources are used to make food, fuel and raw materials for the production of goods.

Detailed explanation-3: -These resources are divided into four broad categories: natural (land), human (labor), capital and entrepreneurship. Natural resources are “gifts” of nature and include things like raw materials, water, wood, air, sunlight, soil, animals, etc.

Detailed explanation-4: -The long range of mountains, the wide oceans, the sparkling streams, the dense forests, the animals, birds and insects are the gifts of nature. Was this answer helpful?

Detailed explanation-5: -They include air, water, soil, and forests. These resources are however limited and should be utilized with caution.