What are the types of resources?explain in detail
Answers
Resources can be distinguished on the basis of following criteria:-
On basis of origin- It is divided into abiotic and biotic resources.
Abiotic are the nonliving things and biotic are the living things.
On basis of exhaustibility:- It is divided into renewable and non renewable resources. Renewable resources are those that never finish and can come back or renewed. And non renewable are those which finishes after a period of time and take million years to form.
on basis of ownership:-It is divided into individual, public,national and international resources.Their explanations are cleared from their names
on basis of development:- It is divided into potential,stock,developed and reserve. Potential are those which are present in a large amount but they are not used because the processes are expensive. Stock are those which can give huge benefits but there is no technology to obtain them. Reserves are stored resources for the future generation and Developed are those whose quantity and quality are defined but not used.