explain the classification of resources on the basis of development with their important feature.
Answers
Explanation:
Resources are categorized on the basis of development in the following categories: i) Potential Resources - These are resources that have been acquired in the region but have not been fully utilized. ... iv) Warehouses - These are resource stocks that can be used with available technology.
Answer:
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.
ii) Developed Resources - These are resources which have been surveyed and their quality and quantity have been determined for utilisation. The development of these resources depends upon technology and feasibility.
iii) Stock- Stock are the materials in the environment which have the potential to satisfy human needs. However, human beings do not have the appropriate technology to access these resources.
iv) Reserves - These are stocks of resources that can be put to use with existing technology. However, their use has not yet been started. They can be used to meet future requirements.