Resources

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Dictionary Meaning and Definition on 'Resources'

Wikipedia Meaning and Definition on 'Resources'


A resource is any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit from it. In most cases, commercial or even non-commerial factors require resource allocation through resource management. There are two types of resources; renewable and non-renewable.

The purely economic value of a resource is controlled by supply and demand. This is, however, a narrow perspective on resources as there are many things that cannot be measured in money.

Natural resources like forests, mountains etc. are considered beautiful so they have aesthetic value. Resources also have an ethical value as well, because it is widely recognized that it is our moral duty to protect and conserve them for the future generations (see sustainable development).

Resources have three main characteristics: utility, quantity (often in terms of availability), and consumption. However, this definition is not accepted by some, for example deep ecologists who believe that non-human elements are independent of human values.

[See more about Resources at Dictionary 3.0 Encyclopedia]

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'Resources' in famous quotation sentence


* Most people live, whether physically, intellectually or morally, in a very restricted circle of their potential being. They make use of a very small portion of their possible consciousness, and of their soul's resources in general, much like a man who, out of his whole bodily organism, should get into a habit of using and moving only his lttle finger. Great emergencies and crises show us how much greater our vital resources are than we had supposed. - William James

* All the resources we need are in the mind. - Theodore Roosevelt

* We are living beyond our means. As a people we have developed a lifestyle that is draining the earth of its priceless and irreplaceable resources without regard for the future of our children and people all around the world. - Margaret Mead


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Resources Sample Sentences in News


  • Mammoth Resources Continues to Encounter Encouraging Precious Metal Results at Urique Project, Chihuahua, Mexico - msnbc.com
    Mammoth Resources Corp. (TSX VENTURE:MTH) ("Mammoth" or the "Company") is pleased to report additional gold and silver results from its ongoing mapping, trenching and sampling program at the 290 square kilometre Urique Project, located in Chihuahua State ... Read more on this news related to 'Resources'
  • KTA Free Resources Website, TeachHUB.com, Celebrates 3-year Anniversary - YAHOO!
    TeachHUB.com is a resource website provided by the K-12 Teachers Alliance at zero cost to its members and visitors. TeachHUB's online teacher community offers news, recommendations and resources by teacher, for teachers. TeachHUB's free resources include ... Read more on this news related to 'Resources'
  • Explor Resources Inc. Joins OTCQX - Yahoo Finance
    NEW YORK, May 23, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCM.PK), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Explor Resources Inc. (OTCQX: EXSFF; TSX-V: EXS), a ... Read more on this news related to 'Resources'

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