how resources are classified?
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The classification of resources can be done as under:
1.The major classification of resources is into natural resources and man made resources.
2.Natural resources are further classified into biotic and abiotic resources.
3.One more classification of resources is into renewable and non renewable resources.
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Resources can be classified in the following ways– (a) On the basis of origin – biotic and abiotic (b) On the basis of exhaustibility – renewable and non-renewable (c) On the basis of ownership – individual, community, national and international (d) On the basis of status of development – potential, developed stock .
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