The world resources do not refer to a thing or a substance instead, it refers to a function, which the thing or a substance may perform.
Terms Related to Concept of Resources
Functional Concept Resources
Dynamic Concept of Resources
It is technology which gives value to the neutral, which it processes and convert them to useful resources.
Classification of Resources
On the Basis of Origin
On the Basis of Exhaustibility
Recyclable :- Metals (iron, copper, Aluminium)
Non-Recyclable - fossil fuels (Coal and petroleum)