Describe classification of the resource with suitable example.
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Resources can be classified in the following ways– (a) On the basis of origin – biotic and abiotic (b) On the basis of exhaustibility – renewable and non-renewable (c) On the basis of ownership – individual, community, national and international (d) On the basis of status of development – potential, developed stock and reserves.
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Explanation:
Classification of Resources : On the basis of Origin
For example, trees, animals, insects, etc. Abiotic Resources: All non-living things present in our environment are termed as abiotic resources. For example – earth, air, water, metals, rocks, etc.
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