difference between potential and developed resources.in 100 words
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Potential resource
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 a potential resource.
Developed Resources
Developed Resources:Resources which are developedand surveyed for utilization and are being used in present time are known as Developed Resources. Stock: Resources that are available, but we do not have proper technology to used them are called Stock.
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 a potential resource.
Developed Resources
Developed Resources:Resources which are developedand surveyed for utilization and are being used in present time are known as Developed Resources. Stock: Resources that are available, but we do not have proper technology to used them are called Stock.
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