Resources Flashcards
What is the basic characteristic of a resource?
Anything that can be used to satisfy a need or has value can be called a resource.
How do resources acquire economic value?
Some resources have economic value, some do not. Some may become valuable only over a period of time.
What are resources that come directly from nature called?
Natural Resources
What is the difference between renewable and non-renewable resources?
Renewable resources can be replaced quickly, while non-renewable resources cannot.
What factors influence where natural resources are found?
Physical factors like terrain, climate, and altitude.
How are human-made resources created?
Human-made resources are created by using natural resources to produce new items.
What is the term for people as a resource?
Human Resources
What is the process of improving people’s skills to create more resources called?
Human Resource Development
What is the term for using resources carefully so they last for future generations?
Sustainable Development
What are the three main goals of sustainable development?
- Sustainable use of renewable resources, 2. Conservation of biodiversity, 3. Minimizing damage to the environment
What are some individual actions that can help conserve resources?
Reducing consumption, recycling, and reusing
Why is it important to conserve renewable resources?
To prevent scarcity and protect the environment
