what is the difference between actual and potential resources
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ACTUAL RESOURCES
POTENTIAL RESOURCES
These are the resources whose quantity is known
These are the resources whose total quantity may not e known
These resources are being used in the present.
These resources are not being used at present.it could be used in the future.
Example: The rich deposit of coal in ruhr region of germany.
Example: uranium found in ladakh
POTENTIAL RESOURCES
These are the resources whose quantity is known
These are the resources whose total quantity may not e known
These resources are being used in the present.
These resources are not being used at present.it could be used in the future.
Example: The rich deposit of coal in ruhr region of germany.
Example: uranium found in ladakh
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Potential Resources
(i) Those resources whose total quantity is not known.
(ii) They are not being used at present.
(iii) As technology improves their use in future is possible.
(iv) Uranium found in Ladakh is an example of potential resources.
Actual Resources
(i) Those resources whose total quantity is known.
(ii) They are being used at the present time.
(iii) Available technology is used to use these resources.
(iv) Rich deposits of coal in Rubr region of Germany is an example of actual resources.
(i) Those resources whose total quantity is not known.
(ii) They are not being used at present.
(iii) As technology improves their use in future is possible.
(iv) Uranium found in Ladakh is an example of potential resources.
Actual Resources
(i) Those resources whose total quantity is known.
(ii) They are being used at the present time.
(iii) Available technology is used to use these resources.
(iv) Rich deposits of coal in Rubr region of Germany is an example of actual resources.
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