Explain the types of resources on the basis of status of development ?
1) Potential Resources:- these are found in region in abundance, but have not been developed properly.
e.g., solar & wind energy in Gujarat and Rajasthan, vast tidal waves in the coast of India.
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2) Developed Resources:- these are surveyed and quantified for utilisation through available Technology.
e.g.,coal, petreoleum, etc. Availability of Technology and level of accessibility decides the quality of developed RESOURCES.
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3) Stock:- these have Potential to satisfy human need, the required technical knowledge to use them is not developed.
e.g., hydrogen and oxygen in water can be rich source of energy. But technical know-how for this purpose is not available.
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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 are reserves but still has Limited exploration.
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Explain the types of resources on the basis of status of development ?
Types of Resources on the Basis of Status of Development
Resources are classified into different categories based on their status of development. The classification of resources is important as it helps in their optimal utilization. The following are the types of resources on the basis of their status of development:
1. Potential Resources:
Potential resources refer to the resources that are available in a region but have not been utilized yet. These resources may include minerals, land, water, forests, and wildlife. These resources have the potential to be utilized in the future once the technology and infrastructure are in place.
2. Developed Resources:
Developed resources are those resources that have been exploited to their fullest potential. These resources are fully utilized and are contributing to the economic development of a region. Examples of developed resources include oil, coal, natural gas, and hydroelectric power.
3. Stock Resources:
Stock resources are those resources that are not renewable and have limited availability. These resources are finite and are being depleted at a rapid pace. Examples of stock resources include minerals and fossil fuels.
4. Renewable Resources:
Renewable resources are those resources that can be replenished naturally within a short period of time. These resources include solar energy, wind energy, hydropower, and biomass. These resources are sustainable and can be used without the fear of depletion.
5. Reserve Resources:
Reserve resources are those resources that have been identified and are available for use. These resources are not being utilized yet but can be used in the future. Examples of reserve resources include oil reserves, mineral reserves, and coal reserves.
Conclusion:
In conclusion, resources are classified into different categories based on their status of development. This classification is important as it helps in the optimal utilization of resources. The types of resources based on their status of development include potential resources, developed resources, stock resources, renewable resources, and reserve resources.
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