> Explain clifferent types
of Fresources on the basis
of their classification.
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Abiotic Resource: Resources which come from non-living sources are called abiotic resources, e.g. soil, rocks and minerals. Biotic Resource: Resources which come from living beings are called biotic resource, e.g. milk, leather, timber, etc.
Natural resources can be classified as potential, actual, reserve, or stock resources based on their stage of development. Natural resources are either renewable or non-renewable depending on whether or not they replenish naturally. Natural resource utilization is regulated through the use of taxes and permits.
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