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A resource is anything that is used to create value. It is a basic concept in economics that is used to model the productive capacity and constraints of a nation, organization or individual. The following are common types of resources.
KnowledgeKnowledge such as know-how.LaborThe productive capacity of people.LandSpace for nature, living, commercial activity, agriculture and energy production.Natural ResourcesAir, water, trees, minerals and other resources that come from the natural environment.EnergyRenewable energy sources such as light and wind and non-renewable sources such as oil and natural gas.
TechnologySoftware, hardware, data, tools and capital equipment.ServicesServices such as a government that provides a stable, safe and fair environment. FinanceEconomic structures such as currency, markets and payments that allow economic activity to occur.InfrastructureFoundational structures that act as a basis for economic activity such as bridges or electrical grids.TransportationTransportation infrastructure, trains, ships, vehicles and aircraft.ArchitectureCommercial, institutional and residential buildings and structures.|
Type | | Definition | Anything that is used to create value. | Related Concepts | |
Economics
This is the complete list of articles we have written about economics.
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A list of economic theories that are particularly useful for business.
The tendency for people at high risk to buy insurance.
A list of economic positions or capabilities that allow you to outperform in a particular industry.
A definition of knowledge work with examples.
A definition of production with examples.
An overview of post-scarcity.
The common types of economic infrastructure.
The common types of business competition.
The common types of inefficiency.
An overview of supply with common examples.
A few examples of environmental issues.
An overview of greenwashing.
A definition and brief overview of global warming.
The definition of environmental justice with examples.
A list of countries ranked by CO2 emissions per capita.
Nations ranked by total CO2 emissions
A list of major social issues.
A list of common local issues.
A list of common community problems.
A list of common environmental problems.
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