The correct option is (c).
Explanation
In the context of resource geography, a substance or object is classified as a resource based on its utility (usability) and value (worth). These attributes determine the functionality of resources in satisfying human needs.Statement-wise Analysis:
- Statement 1 is Correct: Utility or usability is the fundamental quality that makes an object or substance a resource. Without utility, an object cannot satisfy any human need and is therefore not considered a resource.
- Statement 2 is Incorrect: Value refers to worth, but this worth is not always economic. Some resources have economic value (e.g., minerals, crops), while others satisfy non-material needs (e.g., a beautiful landscape, clean air) and do not possess explicit economic value, yet they remain resources.
- Statement 3 is Correct: Utility is the prerequisite for value. An object acquires value only because it has utility for humans. Consequently, utility is the factor that gives a resource its value.
Key Takeaway: Utility is the defining characteristic of all resources. While all resources have value (worth), this value may be economic (monetary) or non-economic (aesthetic/ecological).