Question

Classify resources on the basis of states of development into 4 groups?​

Answer 1

Explanation:

Resources are classified on the basis of status of development in the following categoriesi) Potential Resources - These are resources that have been found in a region but not yet been fully utilised.ii) Developed Resources - These are resources which have been surveyed and their quality and quantity have been determined for utilisation. The development of these resources depends upon technology and feasibility.iii) Stock- Stock are the materials in the environment which have the potential to satisfy human needs. However, human beings do not have the appropriate technology to access these resources.iv) Reserves - These are stocks of resources that can be put to use with existing technology. However, their use has not yet been started. They can be used to meet future requirements

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