How many types of resources are available in a country? Explain. Make a chart also.
Answers
Answer:
Resources
Resource: Anything which has some utility for us is called a resource. Some resources have economic value, while some do not. For example; milk has economic value, but a beautiful landscape has no economic value. But both are important because both satisfy some human needs.
Time and technology are two important factors which can change a substance into resources. For example; petroleum was not a resource before people learnt to use it.
Types of Resources:
Resources are usually classified into three types, viz. natural, human made and human resources.
Natural Resource: Resources which are obtained from nature are called natural resources. Some of the natural resources can be used directly, while for using some others we need the help of some technologies.
Types of Natural Resources:
Natural resources can be classified on the basis of their level of development and use, origin, stock and distribution.
Classification of natural resources on the basis of development and use:
Actual Resource: Resources whose quantity is known and which are being used at present are called actual resources, e.g. coal and petroleum.
Potential Resource: Resources whose entire quantity may not be known and which are not being used at present are called potential resources. Potential resources can be used in future once technology for that is properly developed. For example; uranium reserves in Ladakh.
Classification of natural resources on the basis of origin:
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.
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