1. Made by- Kshitij Bhuwalka
Class- 10 ‘A’
Roll no.- 16
Subject- Social Studies
2. Resource Meaning
A resource is anything that is used to satisfy human
needs. Typically resources are materials, energy,
services, staff, knowledge, or other assets that are
transformed to produce benefit and in the process may
be consumed or made unavailable. Benefits of resource
utilization may include increased wealth, meeting
needs or wants, proper functioning of a system, or
enhanced well being. From a human perspective
a natural resource is anything obtained from
the environment to satisfy human needs and wants.
3. Characteristic of Resource
Resources have three main
characteristics: utility, limited availability, and
potential for depletion or consumption.
4. UTILITY
In economics, utility is a measure of preferences over
some set of goods and services. The concept is an
important underpinning of rational choice theory in
economics and game theory, because it represents
satisfaction experienced by the consumer of a good. A
good is something that satisfies human wants. Since
one cannot directly measure benefit, satisfaction
or happiness from a good or service, economists
instead have devised ways of representing and
measuring utility in terms of economic choices that
can be measured.
5. Limited Availability
Scarcity (also called paucity) is the
fundamental economic problem of having seemingly
unlimited human wants in a world of
limited resources. It states that society has insufficient
productive resources to fulfil all human wants and
needs. The notion of scarcity is that there is never
enough (of something) to satisfy all conceivable
human wants, even at advanced states of human
technology. Scarcity involves making a sacrifice—
giving something up, or making a tradeoff—in order to
obtain more of the scarce resource that is wanted
6. Depletion
Resource depletion is the consumption of a resource
faster than it can be replenished. Natural resources are
commonly divided between renewable
resources and non-renewable resources (see
also mineral resource classification). Use of either of
these forms of resources beyond their rate of
replacement is considered to be resource depletion.
Resource depletion is most commonly used in
reference to farming, fishing, mining, water usage, and
consumption of fossil fuels.
7. Consumption
Consumption is a major concept in economics and is
also studied by many other social sciences. Economists
are particularly interested in the relationship between
consumption and income, as modelled with
the consumption function. Different schools of
economists define production and consumption
differently.
8. Economic Resource
In economics a resource is defined as a service or other
asset used to produce goods and services that meet
human needs and wants. Economics itself has been
defined as the study of how society manages its scarce
resources. Classical economics recognizes three
categories of resources, also referred to as factors of
production: land, labour, and capital.
9. Biological Resource
In biology and ecology a resource is defined as a
substance that is required by a living organism for
normal growth, maintenance, and reproduction (see
biological resource). Resources, such as food, water, or
nesting sites, can be consumed by an organism and, as
a result, become unavailable to other organisms. For
animals key resources include food, water, and
territory. For plants key resources include sunshine,
nutrients, water, and a place to grow.
10. Different types of resources
In biology and ecology a resource is defined as a
substance that is required by a living organism for
normal growth, maintenance, and reproduction (see
biological resource). Resources, such as food, water, or
nesting sites, can be consumed by an organism and, as
a result, become unavailable to other organisms. For
animals key resources include food, water, and
territory. For plants key resources include sunshine,
nutrients, water, and a place to grow.
11. Natural Resource
A natural resource is anything that people can use
which comes from nature. People do not
make natural resources, but gather them from the
earth. Examples of natural resources are air, water,
wood, oil, wind energy, iron, and coal
12. Human Resource
Human resource management (HRM or simply HR)
is the management of human resources. It is a
function in organizations designed to maximize
employee performance in service of an employer's
strategic objectives.
13. Sustainable Development
It should be the strategy for judicious use of resource
so that they do not get exhausted. Sustainable
development means development should take place
without damaging the environment and development
in the present should not compromise with the need
of future generation.
14. Agenda 21
It is the declaration signed by world leader in 1992 at
the united nation conference on environment and
development (UNCED), which took place at rio de
janerio brazil. It aim at achieving global sustainable
development. Agenda 21 gave guidelines to combat
environment damage, poverty and diseases through
global co-operation on common interest, mutual
needs and shared responsibilities. One major objective
of the ‘agenda 21’ was that every local government
should draw its own local agenda 21.
15. Resource planning
This involves identification and quantification of the
available resource and planning of resource
development that would be consistent with overall
natural development plans
16. Resource planning in India
India followed the policy of resource planning from
the very first five year plan rightly after the
independence. Mere availability of resource cannot
begin the process of development, necessary
technology and institution set up are all required. In
our country, states like Jharkhand, Chhattisgarh and
Rajasthan are rich in resource, but these states are
included in economically backward regions. On the
contrary, states like Punjab, Haryana have poor
resource based, but they are economically developed.
17. Conversation of resource
Irrational consumption and over utilisation of
resources may lead to socio-economic and
environmental problems. Resource conversation at
various levels in important in overcome these
problems. Gandhi ji voiced his concern about
resources conversation when he said, “There is enough
of every bodies need and not for any body's greed”,
18. Land resources
Land is very important resource as it supports natural
vegetation, wildlife, human life, various economic
economic activities, transport and communication
system etc. so, it needs to be used with care and
concern as it is finite in extent. Carefully planning of
land use in critical for the future. India's
geographical area comprises 43% plain land area
which provides facilities for agriculture and industry,
27% consisting of plateaus which is source of minerals,
fossil fuels and forests and 30% in mountains which
ensure perennial flows of some rivers and provides
sites for tourism and ecological aspects.
19. Soil as a resource
Soil is the most important renewable natural resource
and a living system which support many types of living
organisms. It takes millions of years to form soil upto a
few centimeter in depth.