Actual and Potential Resources


 
 
Concept Explanation
 

Actual and Potential Resources

On the Basis of the Status of Development : Resources are classified on the basis of status of development in the following categories

  • 1. Potential resources: The resources are found in a region in abundance, but have not been developed properly are called potential resource e.g., solar and wind energy in Gujarat and Rajasthan, vast tidal waves in the coasts of India. Actual resources: These are those resources whose quantity is known. These resources are being used in the present. For e.g. Coal of Germany, Petroleum in West Asia.
  • 2. Developed resources: The resources which are surveyed and quantified for utilisation through available technology are called developed resources e.g. coal, petroleum, etc. Availability of technology and level of accessibility decides the quality of developed resources.
  • 3. Stock: These resources have the potential to satisfy human need, but human beings do not have the required technical knowledge to use them e.g. hydrogen and oxygen in the water can be a rich resource of energy. But technical know-how for this purpose is not available.
  • 4. Reserves: These are specific stocks for which appropriate technological know-how is available, but exploration is not started yet. E.g. river water for hydel energy or forest is reserves but still has limited exploration
  • Sample Questions
    (More Questions for each concept available in Login)
    Question : 1

    On the basis of status of development resources can be classified as

    Right Option : A
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    Explanation
    Question : 2

    Which country has no mineral deposits?

    Right Option : D
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    Explanation
    Question : 3

    In which of the following minerals is Russia leading ?

    Right Option : B
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    Explanation
     
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