Resources

Solar energy

¿What is Renewable Energy?

Renewable Energy is energy that is generated from resources that are not exhausted by their utilization, like solar energy, wind energy and geothermal energy.

Picture of a Mountain

Natural elements are those elements than have been produced by nature, without the intervention of man.

Natural elements can be grouped in:

  • Water
  • Air
  • Soil
  • Plants
  • Animals

We have to take into account that man can produce clons of plants or water made in a laboratory. These man made elements are not natural elements.

Natural Resources and Natural Elements

Wind is a natural perpetual resource

What are Perpetual Resources

Perpetual resources are renewable resources that cannot be exhausted, regardless of their rate of use. Perpetual resources are natural resources, because they are provided by nature without human intervention. But not all natural resources are perpetual resources: some natural resources can cease to be renewable if used in excess or unsustainably.

Examples of perpetual resources

- Wind.
- Solar energy.
- Waves and Tides.
- Geothermal Energy.

Natural resources are those elements provided by nature without human intervention and which can be exploited by mankind to satisfy certain needs.

In addition to natural resources, there are human resources, cultural resources, machinery, real estate, etc. Clearly, there are other types of resources that cannot be provided by nature without human intervention. These other types of resources are indeed, man-made.

Natural resources can be classified as:

Dollars

The financial resources of an organization are the set of liquid assets:
- Cash.
- Short term bank deposits.
- Liquid financial investments, like stocks and bonds.

Financial resources are used to carry out the main operations of the business, like buying goods and services, and to carry out long term investments.

Resources are said to be the whole of the capacities and elements (both natural and man-made) that can be utilized to produce goods or services or that have an intrinsic value without the need to be modified and are scarce in relation to the current or potential demand.

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