Define potential resources and actual resources .Give two examples. [ Long Answer In About 150 to 200 words
Answers
Explanation:
Potential resources are those whose entire quantity may not be known and these are not being used at present . Actual resources are those resources whose quantity is known. These resources are being used in the present. The uranium found in Ladakh is an example of potential resource that could be used in the future.
Example - Uranium found in ladakh. Potential resources are known to exist and may be used in the future. For example, petroleum may exist in many parts of India and Kuwait that have sedimentary rocks, but until the time it is actually drilled out and put into use, it remains apotential resource.
Potential resources are known to exist and may be used in the future. ... Actual resources are those that have been surveyed, their quantity and quality determined, and are being used in present times. For example, petroleum and natural gas is actively being obtained from the Mumbai High Fields.