define the term" resources"? classify the resources on the besis of development
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A resource is a source or supply from which a benefit is produced and that has some utility. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources. Examples of non renewable resources are coal, crude oil etc
On the basis of the status of development, resources are classified into four groups, namely potential, developed, stock and reserve. ... (ii) Developed Resources : Developed resources are those which are estimated in terms of their quantity and quality for utilisation, e.g., water, soil, forests.
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