what basis resources resource are classified
Answers
Answer:
Explanation:
Every man-made product in an economy is composed of natural resources to some degree. 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.
The resources which are composed of non-living things are called Abiotic Resources such as rocks and metals. Resources are classified on the basis of origin as biotic and abiotic resources. The biotic resources are obtained from the biosphere and have a life such as human beings, flora and fauna, fisheries, livestock.
Answer:
Explanation:Resouces are classified into four : 1) on the basis of origin
2)on the basis of exhaustibility
3)on basis of ownership
4) on the status of development