what is the importance of classification of resource
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Classification of Resources : On the basis of OriginBiotic Resources: All living organisms in our environment are called biotic resources. Classification of Resources: On the basis of Exhaustibility:Renewable Resources: Resources that can be replenished after a short period of time are called Renewable Resources
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Resources can be classified in the following ways– (a) On the basis of origin – biotic and abiotic (b) On the basis of exhaustibility – renewable and non-renewable (c) On the basis of ownership – individual, community, national and international (d) On the basis of status of development – potential, developed stock
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