Definitions of Key Terms

• Resource: A resource is any material, substance, or asset that is useful to humans for fulfilling their needs and improving their quality of life.
• Natural Resources: Resources that exist naturally in the environment without human intervention, such as air, water, forests, minerals, and sunlight.
• Human-made Resources: Resources created or modified by human effort, such as buildings, dams, roads, and machinery.
• Human Resources: The skills, knowledge, labor, and abilities possessed by people that contribute to economic development.
• Renewable Resources: Resources that can be replenished naturally over a short period, such as solar energy, wind, water, and forests.
• Non-renewable Resources: Resources that exist in finite quantities and cannot be replenished within a human timescale, such as coal, petroleum, natural gas, and minerals.
• Utility of Resources: The usefulness or ability of a resource to satisfy human wants or needs.
• Value of Resources: The economic worth or importance of a resource, often influenced by scarcity, demand, and utility.
• Resource Conservation: The planned management and sustainable use of resources to prevent wastage and depletion.
• Sustainable Development: Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
• Stock of Resource: The total quantity of a resource available in nature at a given time.
• Technology: The application of scientific knowledge, tools, and skills to utilize and manage resources efficiently.
• Human Resource Development: The process of