ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following represents the term for “a product of the earth that people use to meet their needs”
A
capital goods
B
natural resource
C
human capital
D
entrepreneurship
Explanation: 

Detailed explanation-1: -Environmental stewardship The responsible use and protection of the natural environment through conservation and sustainable practices to enhance ecosystem resilience and human well-being (Chapin et al., 2010 ).

Detailed explanation-2: -Earth’s natural resources include air, water, soil, minerals, fuels, plants, and animals. Conservation is the practice of caring for these resources so all living things can benefit from them now and in the future. All the things we need to survive, such as food, water, air, and shelter, come from natural resources.

Detailed explanation-3: -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-4: -Conservation is the act of protecting Earth’s natural resources for current and future generations.

There is 1 question to complete.