Question

Define the term : Actual and Potential Resources

Answer 1

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 eg, petroleum and natural gas is actively being obtained from the Mumbai high fields.

Answer 2

Actual resource :- the resource which are surveyed and developed

Potential resource :- The potential resource need a detailed survey for estimating their quantity and quality