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. From a broader biological or ecological perspective a resource satisfies the needs of a living organism (see biological resource).
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.
Read more about Resource: Economic Resources, Biological Resources, Economic Versus Biological Resources, Computer Resources, Land or Natural Resources, Labour or Human Resources, Capital or Infrastructure, Tangible Versus Intangible Resources, Resource Use and Sustainable Development, See Also
Other articles related to "resource, resources":
... Natural resource economics is a transdisciplinary field of academic research within economics that aims to address the connections and interdependence between ... operate an economy within the ecological constraints of earth's natural resources ... Resource economics brings together and connects different disciplines within the natural and social sciences connected to broad areas of earth science, human economics, and natural ecosystems ...
... The perpetual resource concept is a complex one because the concept of resource is complex and changes with the advent of new technology (usually more efficient recovery), new needs ... On the one hand, a material (and its resources) can enter a time of shortage and become a strategic and critical material (an immediate exhaustibility crisis), but on the other hand a material can go out of use ... resources of arrowhead-grade flint) ...
... Select a resource to accommodate this process ... If no resource can be found, we select the next process in the list ... with the highest priority, the second step selects the best possible resource ...
... The University of Rhode Island Department of Environmental and Natural Resource Economics has been ranked the fourth most productive research department in the country in the field of ... program was the first in the nation to offer a graduate degree in natural resource economics (in 1969), and the department publishes an internationally recognized research journal, Marine Resource Economics ... Agricultural and natural resource economists study the interactions between economic and natural systems, with the goal of developing a sustainable and efficient economy ...
... Natural resource Natural resource management Resource-based view. ...
Famous quotes containing the word resource:
“In a world which furnishes so many employments which are useful, and so many which are amusing, it is our own fault if we ever know what ennui [boredom] is, or if we are ever driven to the miserable resource of gaming, which corrupts our dispositions, and teaches us a habit of hostility against all mankind.”
—Thomas Jefferson (17431826)
“Helping children at a level of genuine intellectual inquiry takes imagination on the part of the adult. Even more, it takes the courage to become a resource in unfamiliar areas of knowledge and in ones for which one has no taste. But parents, no less than teachers, must respect a childs mind and not exploit it for their own vanity or ambition, or to soothe their own anxiety.”
—Dorothy H. Cohen (20th century)
“The waste of plenty is the resource of scarcity.”
—Thomas Love Peacock (17851866)