Question

How resources can be classified??

Answer 1

Answer:

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

Answer 2

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