User:Akshatneekhra/sandbox

RESOURCES A resource is a source or supply from which benefit is produced. Typically resources are materials, money, services, staff, 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.[1] From a broader biological or ecological perspective a resource satisfies the needs of a living organism (see biological resource).[2] The concept of resources has been applied in diverse realms, including with respect to economics, biology, computer science, land management, and human resources, and is linked to the concepts of competition, sustainability, conservation, and stewardship. In application within human society, commercial or non-commercial factors require resource allocation through resource management. Resources have three main characteristics: utility, limited availability, and potential for depletion or consumption. Resources have been variously categorized as biotic versus abiotic, renewable versus non-renewable, and potential versus actual, along with more elaborate classifications. Contents [hide] 1 Economic resources 2 Biological resources 3 Economic versus biological resources 4 Computer resources 5 Land or natural resources 6 Labour or human resources 7 Capital or infrastructure 8 Tangible versus intangible resources 9 Resource use and sustainable development 10 See also 11 References Economic resources[edit] ECONOMICAL RESOURCES In economics a resource is defined as a service, or other asset used to produce goods and services that meets human needs and wants.[3] Economics itself has been defined as the study of how society manages its scarce resources.[4] Classical economics recognizes three categories of resources: land, labor, and capital.[5] Together with entrepreneurship, land, labor, and capital.[6] Land includes all natural resources and is viewed as both the site of production and the source of raw materials. Labor or human resources consists of human effort provided in the creation of products, paid in wage. Capital consists of human-made goods or means of production (machinery, buildings, and other infrastructure) used in the production of other goods and services, paid in interest. Entrepreneurs serve as managers, risk-takers, leaders, and visionaries. Biological resources[edit] BIOLOGICAL RESOURCES In biology and ecology a resource is defined as a substance or object 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.[7] Economic versus biological resources[edit] Economic versus biological resources There are three fundamental differences between economic versus ecological views: 1) the economic resource definition is human-centered (anthropocentric) and the ecological resource definition is nature-centered (biocentric or ecocentric); 2) the economic view includes desire along with necessity, whereas the biological view is about basic biological needs; and 3) economic systems are based on markets of currency exchanged for goods and services, whereas biological systems are based on natural processes of growth, maintenance, and reproduction.[1] Computer resources                          COMPUTER RESOURCES A computer resource is any physical or virtual component of limited availability within a computer or information management system. Computer resources include means for input, processing, output, communication, and storage.[8]