Resource Development And Utilisation Flashcards
What is a resource
Refers to materials available in society and are used in the production of goods and services to satisfy human needs
What is natural resources
All materials found in nature which help in the production of goods and services
Give the types of natural resources
Renewable
Inexhaustible
Non renewable
Mention three importance of natural resources
Foreign exchange earnings
Employment
Source of raw materials
Source of revenue and income
Tourist attraction
Give two factors that have hindered the development of natural resources
Lack of adequate skilled personnel
Poor infrastructure
Low level of technology
Lack of capital
Political instability
What is referred to as capital resources?
All material resources used in further production of other goods and services
Mention the 4 types of capital
Fixed
Circulating
Social
Liquid
Define human resources
The size and abilities of a country’s population used in the production of goods and services to satisfy human needs
Give 3 ways human resources can be developed
Education
Training people for the job
Retraining of displaced workers
Organised visits
Career counselling
Give 3 reasons why the human resources have not been properly developed
Lack of job opportunities
Lack of adequate remuneration
Inadequate training
Poor attitude towards work
Favouritism
Lack of initiative and creativity
Give three measures to ensure the efficient use of human resources
Creating of job opportunities
Provision of adequate incentives
Provision of adequate training
Effective supervision
Give three measures to ensure the efficient use of human resources
Creating of job opportunities
Provision of adequate incentives
Provision of adequate training
Effective supervision
