What is the resource what are three broad categories of resource – InterviewSolution

1.	What is the resource what are three broad categories of resource
Answer» Explanation:Resources are categorized into three broad categories: Land, LABOR, and CapitalAir, water, food, plants, animals, minerals, metals, and everything else that EXISTS in NATURE and has utility to mankind is a 'RESOURCE'. The VALUE of each such resource depends on its utility and other factors.

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