Resources are metals, minerals, natural gas, water, lumber, etc. The natural resources available within a country at a given time belong to the Government of the Country. Because these resources are limited and finite, they can be considered capital assets of a country.
The world is full of resources. Natural resources such as oil, water, and metals along with man-made resources such as houses and automobiles. All resources have some value. Value means worth. Some resources have economic value and some do not, but both are important and satisfy human needs.
Read More
Types of Resources: