on what basis natural resources classified
Answers
Answer:
Natural resources can be classified as potential, actual, reserve, or stock resources based on their stage of development. Natural resources are either renewable or non-renewable depending on whether or not they replenish naturally. Natural resource utilization is regulated through the use of taxes and permits.
Types of Natural Resources. All Natural Resources fall under two main categories: Renewable and Non-renewable Resources. The table below will help us understand this better. Renewable resources are those that are constantly available (like water) or can be reasonably replaced or recovered, like vegetative lands.
Answer:
Classification of natural resources
On the basis of origin:
Biotic and Abiotic
On the basis of exausibility
Renewable and Non renewable
On the basis of ownership
Community owned, Private, Public, international, national resources.
In the basis of status of development
Potential, stock, Reserve resources