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Whats the difference b/w potential, developed, stock and reserves??
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Answers
Potential resources are the resources that have been identified but are not yet used due to the lack of availability of technology. The government do not have plans to use them them in near future, but if needed they can be developed and utilised.
These are resources whose total quantity is not known.
They are not being used at present.
As technology improves their use in future is possible.
Uranium found in Ladakh is an example of potential resources.
Reserves are the resources which have been identified and are entirely reserved for present and future use.
These are resources whose total quantity is known.
They are being used at the present time.
Available technology is used to use these resources.
Rich deposits of coal in Rubr region of Germany is an example of actual resources.
POTENTIAL ::
Resources which are found in a region, but have not been utilised
DEVELOPED::
Resources whic are surveyed and their quality and quantity had been determined for utilisation
STOCK::
Materials in the environment which have the potential to satisfy human needs but human beings do not have the appropriate technology to access these , are included among stocks
RESERVES::
Reserves are the subset of the stock, which can be put into use with the help of existing technical 'know-how' but their use has not been started. These can be used for meeting future requirements