Material resources

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    What are material resources?

    Material resources are physical and tangible means that allow a person or organization to achieve a certain objective.

    These not only include the raw material used to make products, rather, they make up everything that contributes to production.

    For example, machinery, instruments, tools, infrastructure and inputs are material resources.

    Characteristics of material resources

    The main characteristics of material resources are the following:

    • They are goods physical and tangible.
    • They allow the productive process of a company to take place.
    • They contribute directly to the elaboration of the products that they pretend to be realized.
    • They are not only made up of the raw material used, but also everything that is physical and contributes to the company.

    Classification of material resources

    Material resources can be classified as follows:

    • Renewable material resources: elements that are obtained through processes to prevent them from disappearing, so they are inexhaustible if used properly. Among these are hides, wood and paper.
    • Non-renewable material resources: items that may cease to exist or run out over a period of time, such as charcoal.
    • Transformation resources: used to transform and elaborate other resources. For example, machines, land and tools.
    • Utilization resources: resources (treated by those of transformation) that allow to carry out the tasks of a company. For example, fuel and stationery.

    Importance of material resources

    Material resources are of great importance to the economy, since allow carry out the productive process of a company or organization.

    These make it easier to carry out the projects that a company wants to develop. Definitely, Without natural resources, the operation of a production organization or company would be impossible.

    Examples of material resources

    Here are some examples of common material resources:

    • Estate: offices, workshops, buildings.
    • Production machinery and equipment: lathes, forklifts, mills, refrigerators, mixers, blenders.
    • Tools: hammers, inks, nails, screws.
    • Furniture and equipment: desks, chairs, shelves, copiers, scales.
    • Transport: cars, trucks.
    • Raw material: cloth, plastic, vegetables.
    • Materials and auxiliaries: water oil.
    • Packing materials: boxes, bags, wrappers.
    • Energy and fuel: electricity, oil, gas.
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