Let understand that Productive Resources means resources which are necessary for production of goods or services.
- There are three basic Productive resources and they includes Natural Resources, Human Resources and Capital resources.
- The Natural Resources includes land itself. Iron; water, air, coal, oil, natural gas are all part of the natural resources.
- Human Resources includes workers who works in farm, industry and assembly or manufacturing of product or service etc
- Capital Resources includes buildings, machines, trucks, equipment, tools, desks, computers used in process of production of goods or services etc.
In conclusion, the natural resources can effectively serves as source of income if exported to another country for production therein.
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