On the basis of exhaustibility, resources can be termed as renewable and nonrenewable resources. The resources cannot exhaust with the overtime usage is termed as a renewable resource but the resources that can exhaust are called non-renewable resources.
On the basis of the status of development, resources are classified into four groups, namely potential, developed, stock and reserve.
Potential Resources: Potential resources are those which are found in a region, but have not been utilized. For example, solar energy and wind energy, available in Rajasthan and Gujarat, have not been developed properly.
Developed Resources: Developed resources are those which are estimated in terms of their quantity and quality for utilization, e.g., water, soil, forests.
Stock Resources: Materials in the environment that have the potential to satisfy human needs but are not technologically accessible to human beings, e.g., use of water as a rich source of energy.
Reserve Resources: Reserve is a part of the stock that can be put to use in the near future with the help of existing technology, e.g., water in dams, forests.
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On the basis of exhaustibility, resources can be termed as renewable and nonrenewable resources. The resources cannot exhaust with the overtime usage is termed as a renewable resource but the resources that can exhaust are called non-renewable resources.
On the basis of the status of development, resources are classified into four groups, namely potential, developed, stock and reserve.
Potential Resources: Potential resources are those which are found in a region, but have not been utilized. For example, solar energy and wind energy, available in Rajasthan and Gujarat, have not been developed properly.
Developed Resources: Developed resources are those which are estimated in terms of their quantity and quality for utilization, e.g., water, soil, forests.
Stock Resources: Materials in the environment that have the potential to satisfy human needs but are not technologically accessible to human beings, e.g., use of water as a rich source of energy.
Reserve Resources: Reserve is a part of the stock that can be put to use in the near future with the help of existing technology, e.g., water in dams, forests.
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