Natural Resources:
Man lives in nature and depends on the nature’s resources. The growth of mankind depends on the exploitation of various natural resources. The utilization of soil, coal, electricity, oil, water, gas and nuclear energy is very significant for the development of a nation. Such resources changed the living standards of man.
The earth is facing an ecological calamity and is degrading her natural resources day by day, due to over exploitation. Food, shelter and clothing are the main need of man. Early human society has utilized natural resources, relatively in much less quantity to cover its requirements.Resources:
The term ‘resource’ means a source of supply or support which is usually held in reserve. The natural resources are the components of hydrosphere, lithosphere, and atmosphere. They comprise energy, water, soil, minerals, air, plant and animals. Man’s resources are those materials and sources of energy that are required for comforts and survival.
The nature of resources differs from society to society.
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Shares present the basic units of ownership of a business. Every companies issue ordinary shares. Preference shares assurance that if a dividend is paid, the preference shareholders will be permitted to the first part of it up to a maximum value.
The sole proprietorship is in which an individual is the sole owner of a business. These businesses are quite small in terms of size.
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