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Discover the types of resources - natural, capital, and human - essential for achieving goals and functions in society. Explore renewable and non-renewable resources like corn and minerals. Learn how human resources, such as labor force, drive wealth creation. Examples include trees, coal, and QEH building.
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What is a resource? • Something that helps us to achieve a goal or fulfill a function. • Three types • Natural • Capital • Human
Natural Resources • Materials that can be found in nature and used to make a profit. • Renewable natural resources • Any resource that can replace itself within a relatively short period of time (human scale). • Example: Corn • Non-Renewable natural resources • Resources that take millions of years to develop. • Example: Mineral Resources
Capital Resources • Capital resource: resources a society uses to further the creation of wealth, such as factories, buildings, equipment. • Example: QEH – Building used to enrich the human resources.
Human Resources • Human resources are the people who comprise the labour force. • Example: Me…
Examples • Trees • Water treatment plant • Coal • Honey • Apples • Moir’s chocolate factory • Natural gas • QEH Class of 2006 • Oil Refinery • Lobster