What do you understand by Natural resources ? Describe in details ?
Natural resources are materials and substances found in nature that are essential for human life and economic development. These resources can be classified into two broad categories: renewable and non-renewable resources. Renewable resources are those that can be replenished over time through natural processes, such as sunlight, wind, water, and forests. These resources have the potential to provide an infinite supply of energy and raw materials if used sustainably. Examples of renewable resources include solar energy, wind energy, hydroelectric power, timber, and freshwater. Non-renewable resources, on the other hand, are finite and cannot be replenished once they are depleted. These include fossil fuels such as coal, oil, and natural gas, as well as minerals like gold, silver, copper, and iron. These resources are typically formed over millions of years and are extracted through mining, drilling, and other forms of extraction. Natural resources play a crucial role in the economy an