Describe the types of resources classified on the basis of status of development
Answers
Answer:
On the basis of the status of development, resources are classified into four groups, namely potential, developed, stock and reserve.
Explanation:
(i) Potential Resources : Potential resources are those which are found in a region, but have not been utilised. For example, solar energy and wind energy, available in Rajasthan and Gujarat, have not been developed properly.
(ii) Developed Resources : Developed resources are those which are estimated in terms of their quantity and quality for utilisation, e.g., water, soil, forests.
(iii) Stock Resources : Materials in the environment which have the potential to satisfy human needs but are not technologically accessible to human beings, e.g., use of water as a rich source of energy.
(iv) Reserve Resources : Reserve is a part of stock which can be put to use in the near future with the help of existing technology, e.g., water in dams, forests.
Resources are classified on the basis of status of development in the following categories: i) Potential Resources - These are resources that have been found in a region but not yet been fully utilised. ... iv) Reserves - These are stocks of resources that can be put to use with existing technology.