On the basis of their development and use, the natural resources are classified into the following categories:(i) Abiotic and Biotic Resources(ii) Domestic and Commercial Resources(iii) Actual and Potential Resources. Choose the correct option: (a) Only (i) (b) (i) and (ii) (c) (ii) and (iii) (d) Only (iii)
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➟ On the basis of development and use , resources can be classified into Actual and Potential Resources. (Option D is correct)
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★ What are Resources ?
➟ The things which are available in our environment and can be used to satisfy our needs are called as resources.
It should be technologically accessible, economically feasible and culturally acceptable.
★ Classification
➟ It can be classified into
- On the basis of origin.
- On the basis of exhaustibility.
- On the basis of ownership.
- On the basis of status of development.
- Those resources which are found in a region, but have not been utilised are known as Potential Resources.
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