What do you understand by potential and actual resources? Give two examples of
each.
Answers
Answer:
Actual resource - They are resources which have been put to good use and their total quantity is known. Potential resource - They are resources which are still undefined.Their quantity and use is still unknown.Like for example - The waterfalls and rivers in Africa.
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Actual resources are the resources where quantity is known which are being used in the present. Actual resources are the ones surveyed, determined by their quantity and consistency. Coal, water, and petrol are actual resources. The importance of each of these resources depends on its usefulness and other considerations.
Examples: Trees, Petrol, Mines, Soil, Coal, etc.
Potential resources are the resources that are present in a specific region and can be used in the future are classified as potential resources. The exact quantity and consistency of the resource are uncertain. Advanced technology is needed to make the best use of these resources.
Examples: Mineral oil, Construction of solar power and wind power stations, Paper, Gasoline, etc.