Dictionary Meaning and Definition on 'Resources'
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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]
Words and phrases related to 'Resources'
'Resources' in famous quotation sentence
* 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
- North Bay Resources Inc. (NBRI): Ruby Mine Operational Update
North Bay Resources Inc. reports that after a thorough review by new management of the Ruby Gold project in Sierra County, California, the following changes are being implemented by Mine Manager and Ruby ... Read more on this news related to 'Resources'
- Update on Boa Fé, Tabuaço and Middle East initiatives of Colt Resources
Colt Resources (GTP.V) (COLTF) (P01.F) is a Canadian junior gold exploration company with numerous mineral exploration properties in Portugal, including two advanced stage projects in Portugal: the Boa Fé gold project and the Tabuaço tungsten project. Colt Resources has also successfully incubated, incorporated and launched Colt Resources Middle East (or ColtME) Read more on this news related to 'Resources'
- Why Alpha Natural Resources (ANR) Is Down Today
NEW YORK (TheStreet) -- Alpha Natural Resources was falling 6.93% to $5.10 at 10:03 a.m. on Friday in the wake of the news that the second-largest U.S. coal producer would pay a $27.5 million fine under a proposed settlement with the U.S. government over poisonous discharges from the company's mines in five states. Under the terms of the settlement, Alpha Read more on this news related to 'Resources'