What are Natural Resources ? OR Natural Resources - Definition, Types and Examples

Updated on Sept. 16, 2020 12:09 PM IST by Lakshmi Arya

Anything that has some utility or usability is called a resource. This usability may or may not have economic value.  Like  a beautiful landscape does not have any economic value but on the other hand metals or fossil fuels have economic value but both are equally important resources.

Different Types of Natural Resources :- 

  1. Renewable :--  There are some natural substances which are found abundantly in nature and get renewed quickly are called Renewable resources.
  2. Non Renewable :-- While some other natural substances are limited in stock, are exhaustible and they take plenty of years to get replenished. Such substances are called Non renewable Resources.
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