1. What is meant by Potential Resources?
2. Define Resource
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Ans.1 The resources that are available in a particular region and can be utilized in the future are known as potential resources. The exact quantity and quality of the resource are unknown
Ans.2 Resource refers to all the materials available in our environment which help us to satisfy our needs. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources
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- ᴛʜᴇ ʀᴇꜱᴏᴜʀᴄᴇꜱ ᴛʜᴀᴛ ᴀʀᴇ ᴀᴠᴀɪʟᴀʙʟᴇ ɪɴ ᴀ ᴩᴀʀᴛɪᴄᴜʟᴀʀ ʀᴇɢɪᴏɴ ᴀɴᴅ ᴄᴀɴ ʙᴇ ᴜᴛɪʟɪᴢᴇᴅ ɪɴ ᴛʜᴇ ꜰᴜᴛᴜʀᴇ ᴀʀᴇ ᴋɴᴏᴡɴ ᴀꜱ ᴩᴏᴛᴇɴᴛɪᴀʟ ʀᴇꜱᴏᴜʀᴄᴇꜱ. ᴛʜᴇ ᴇxᴀᴄᴛ qᴜᴀɴᴛɪᴛy ᴀɴᴅ qᴜᴀʟɪᴛy ᴏꜰ ᴛʜᴇ ʀᴇꜱᴏᴜʀᴄᴇ ᴀʀᴇ ᴜɴᴋɴᴏᴡɴ
- ꜱᴛᴏᴄᴋ ᴏʀ ꜱᴜᴩᴩʟy ᴏꜰ ᴍᴏɴᴇy, ᴍᴀᴛᴇʀɪᴀʟꜱ, ꜱᴛᴀꜰꜰ, ᴀɴᴅ ᴏᴛʜᴇʀ ᴀꜱꜱᴇᴛꜱ ᴛʜᴀᴛ ᴄᴀɴ ʙᴇ ᴅʀᴀᴡɴ ᴏɴ ʙy ᴀ ᴩᴇʀꜱᴏɴ ᴏʀ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴ ɪɴ ᴏʀᴅᴇʀ ᴛᴏ ꜰᴜɴᴄᴛɪᴏɴ ᴇꜰꜰᴇᴄᴛɪᴠᴇʟy.
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