On the basis of occurrence magnets are classified as
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- Five basic types of magnetism have been observed and classified on the basis of the magnetic behavior of materials in response to magnetic fields at different temperatures. These types of magnetism are: ferromagnetism, ferrimagnetism, antiferromagnetism, paramagnetism, and diamagnetism.
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The three types of magnets are temporary, permanent, and electromagnets. Magnets are categorized by their source of magnetism. Temporary magnets become magnetized in the presence of a magnetic field. ... These magnets may be naturally-occurring (“rare-earth”) elements, or chemical compounds.
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