types of natrual resoures
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In terms of the source of origin, natural resources can be divided into the following types:
Biotic: these resources come from living and organic material, such as forests and animals, and include the materials that can be obtained them. Biotic natural resources also include fossil fuels such as coal and petroleum which are formed from organic matter that has decayed.Abiotic: these resources come from non-living and non-organic material. Examples of these resources include land, fresh water, air, and heavy metals (gold, iron, copper, silver, etc.).
Natural resources can also be categorized based on their stage of development including:
Potential resources: these are resources that exist in a region and may be used in the future. For example, if a country has petroleum in sedimentary rocks, it is a potential resource until it is actually drilled out of the rock and put to use.Actual resources: these are resources that have been surveyed, their quantity and quality has been determined, and they are currently being used. The development of actual resources is dependent on technology.Reserve resources: this is the part of an actual resource that can be developed profitably in the future.Stock resources: these are resources that have been surveyed, but cannot be used due a lack of technology. An example of a stock resource is hydrogen.
Source: Boundless. “Types of Natural Resources.” Boundless Economics Boundless, 08 Aug. 2016. Retrieved 01 Jan. 2017 from https://www.boundless.com/economics/textbooks/boundless-economics-textbook/natural-resource-economics-36/introduction-to-natural-resource-economics-136/types-of-natural-resources-536-12633/
Biotic: these resources come from living and organic material, such as forests and animals, and include the materials that can be obtained them. Biotic natural resources also include fossil fuels such as coal and petroleum which are formed from organic matter that has decayed.Abiotic: these resources come from non-living and non-organic material. Examples of these resources include land, fresh water, air, and heavy metals (gold, iron, copper, silver, etc.).
Natural resources can also be categorized based on their stage of development including:
Potential resources: these are resources that exist in a region and may be used in the future. For example, if a country has petroleum in sedimentary rocks, it is a potential resource until it is actually drilled out of the rock and put to use.Actual resources: these are resources that have been surveyed, their quantity and quality has been determined, and they are currently being used. The development of actual resources is dependent on technology.Reserve resources: this is the part of an actual resource that can be developed profitably in the future.Stock resources: these are resources that have been surveyed, but cannot be used due a lack of technology. An example of a stock resource is hydrogen.
Source: Boundless. “Types of Natural Resources.” Boundless Economics Boundless, 08 Aug. 2016. Retrieved 01 Jan. 2017 from https://www.boundless.com/economics/textbooks/boundless-economics-textbook/natural-resource-economics-36/introduction-to-natural-resource-economics-136/types-of-natural-resources-536-12633/
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