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Resources Everything in our environment which can be used to satisfy our needs and is technologically accessible, economically feasible and culturally acceptable is termed as ‘Resource’. Human beings themselves are essential components of resources. They transform material available in the environment into resources and use them. Classification of Resources Resources can be classified in the following ways: (a) On the basis of origin – biotic and abiotic (b) On the basis of exhaustibility – renewable and non-renewable (c) On the basis of ownership – individual, community, national and international (d) On the basis of the status of development – potential, developed stock and reserves a) On the Basis of Origin – Biotic and Abiotic Biotic Resources are obtained from the biosphere and have life. Eg: Human beings, flora and fauna, fisheries, livestock etc. Abiotic Resources: All those things which are composed of non-living things are called abiotic resources. Eg: rocks and me