What do we call something in the natural environment that people can utilize to their benefit?

What do we call something in the natural environment that people can utilize to their benefit?

• A. Asset
• B. Resource
• C. Commodity
• D. Infrastructure

Answer: (B)

The term that refers to something in the natural environment that people can utilize to their benefit is "resource." Resources are materials or components found in nature that can be used to produce goods, provide services, or fulfill human needs. This includes things like water, minerals, forests, and fossil fuels. Resources are central to economics and development because they are essential for production and contribute to the well-being of society. When thinking about the other terms provided, although "asset" can refer to valuable items owned by an individual or a company, it does not specifically denote natural materials used from the environment. "Commodity" typically refers to raw materials or primary agricultural products that can be bought and sold, focusing more on market value rather than the natural environment itself. "Infrastructure" relates to the physical structures and facilities needed for the operation of a society, such as roads and bridges, rather than the natural elements utilized directly. Thus, "resource" appropriately captures the essence of something in the natural environment that benefits people.

The term that refers to something in the natural environment that people can utilize to their benefit is "resource." Resources are materials or components found in nature that can be used to produce goods, provide services, or fulfill human needs. This includes things like water, minerals, forests, and fossil fuels. Resources are central to economics and development because they are essential for production and contribute to the well-being of society.

When thinking about the other terms provided, although "asset" can refer to valuable items owned by an individual or a company, it does not specifically denote natural materials used from the environment. "Commodity" typically refers to raw materials or primary agricultural products that can be bought and sold, focusing more on market value rather than the natural environment itself. "Infrastructure" relates to the physical structures and facilities needed for the operation of a society, such as roads and bridges, rather than the natural elements utilized directly. Thus, "resource" appropriately captures the essence of something in the natural environment that benefits people.