What are materials such as minerals and forests that can be used for economic gain called?

The term that describes materials such as minerals and forests that can be used for economic gain is natural resources. These are assets that are found in nature, and they provide raw materials for production and economic activities. Natural resources can be renewable, like forests and water, which can regenerate over time, or non-renewable, like minerals and fossil fuels, which do not replenish at a sufficient rate to be considered sustainable. They serve as the foundational inputs for many industries, driving economic growth and development. Without these resources, many products and services would simply not be possible. In economic terms, the exploitation and management of natural resources are critical for sustaining an economy and improving living standards.