Give a detailed account on this classification of resources
Answers
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Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources. Examples of non renewable resources are coal, crude oil etc. Examples of renewable resources are air, water, natural gas, wind, solar energy, etc.
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Answer:
The various types of resources are classified as follows:
1) On the basis of origin
a) Biotic resources
b) Abiotic resources
2) On the basis of exhaustibility
a) Renewable resources
b) Non-renewable resources
3) On the basis of ownership
a) Individual resources
b) Community owned resources
c) National resources
d) International resources
4) On the basis of status and development
a) Potential resources
b) Developed resources
c) Stock
d) Reserves
Explanation: