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What are natural resources. Give examples.

Question

What are natural resources. Give examples.

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Solution

Natural resources are materials or substances that occur in nature and can be used for economic gain. They are the raw inputs that we use to produce goods and services. Natural resources can be classified into two main types: renewable and non-renewable resources.

  1. Renewable resources: These are resources that can be replenished naturally over time. They are virtually inexhaustible, but some can become depleted if used faster than nature can renew them. Examples include sunlight, wind, rain, tides, and geothermal energy.

  2. Non-renewable resources: These are resources that do not renew themselves at a sufficient rate for sustainable economic extraction. Once they are used up, they are gone forever. Examples include fossil fuels like coal, oil, and natural gas, as well as minerals like gold, silver, and iron.

In addition to these, there are also resources like soil, water, and air, which are essential for life. These resources can be polluted or depleted, so it's important to use them sustainably.

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