Question

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Distinguish between the following:
1. Potential and Developed Resources;
2. Stock and Reserves.​

Answer 1

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1. Potential Resources. Resources which are found in a region, but have not been utilised, e.g.r Gujarat and Rajasthan have a lot of potential for the development of wind and solar energy, but so far they have not been developed fully.

Developed Resources. Resources which are surveyed and their quality and quantity have been determined for utilisation. The development of resources depends on technology and level of their feasibility, e.g., water resources used for hydel power generation or irrigation purposes.

2. Stock. Materials in the environment, which have the potential to satisfy human needs but man does not have the appropriate technology to access them are included among stock, e.g. water is a compound of two inflammable gases: hydrogen and oxygen, which can be used as a rich Source of energy. But we do not have the required technical know-how to use them for this purpose. Reserves. Reserves are the subset of the stock, which can be put into use with the help of existing technical ‘know-how’ but their full use has been postponed for meeting the future needs, e.g., forest reserves, iron-ore reserves, water in the dams etc.

Answer 2

Potential resources are those that have been identified at particular places but have not yet been utilised. ... Developed resources are those that have been serveyed and identified for their quality and quantity. 2.) These are resources which have already developed, and which are presently used.

As nouns the difference between stock and reserve is that stock is a store or supply while reserve is (label) restriction. As verbs the difference between stock and reserve is that stock is to have on hand for sale while reserve is to keep back; to retain.