Explain Actual and Potential resources with relevant examples.
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actual resources are those that have been surveyed their quantity and quality is determined and are being used in present times.
EG:petroleum and naturalists
potential resources are resources whose quantity is know and are used in future.
EG:uranium
EG:petroleum and naturalists
potential resources are resources whose quantity is know and are used in future.
EG:uranium
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Potential resources Actual resources
Potential resources are those whose entire quantity may not be known and these are not being used at present . Actual resources are those resources whose quantity is known. These resources are being used in the present.
The uranium found in Ladakh is an example of potential resource that could be used in the future. The rich deposits of coal in Ruhr region of Germany is an actual resource.
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