What are the three types of resources

Question

Jax

Geography

10 November, 07:56

What are the three types of resources

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Answers (1)

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Josie · Answer 1

Natural Resources

Human Resources

Capital Resources

Explanation:

All of the resources can be put into one of the three groups that exist. These three groups are natural resources, human resources, and capital resources. All of the three types of resources are interconnected and one can not function without the other two, so each of them is dependent on the others when it comes to economic terms.

The natural resources are the ones that are provided by nature, thus occurring and replenishing on their own. The human resources are the represented by the humans, or rather the labor force and its qualifications and abilities. The capital resources are presented by the currencies and other materials/objects of market exchange value, such as the gold.