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Differentiate between potential and developed resources ?
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Differentiate between potential and developed resources ?
Potential vs Developed Resources
Potential Resources
- Potential resources refer to the resources that are available in a country or region but are not being used currently.
- These resources are present in the environment and have the potential to be exploited or developed in the future.
- Examples of potential resources include minerals, oil, gas, timber, etc.
- These resources are often unexplored, untapped, or unutilized.
- Potential resources are an important aspect of any country's economy, as they provide a basis for future development and growth.
Developed Resources
- Developed resources, on the other hand, are those resources that have been explored, exploited, and utilized for economic purposes.
- These resources have been developed to their full potential, and are being used to generate economic growth and development.
- Examples of developed resources include agriculture, industries, infrastructure, etc.
- Developed resources play a crucial role in the economy of any country, as they provide the basis for economic growth and development.
- Developed resources also create employment opportunities and generate income for the people.
Difference between Potential and Developed Resources
- The main difference between potential and developed resources is that potential resources have not been utilized yet, while developed resources have been fully utilized for economic purposes.
- Potential resources have the potential to be developed in the future, while developed resources are already contributing to the economy.
- Potential resources are often unexplored and untapped, while developed resources have been fully explored and exploited.
- Potential resources provide the basis for future economic growth, while developed resources are already contributing to economic growth.
Conclusion
In conclusion, potential and developed resources are two important aspects of any country's economy. While potential resources provide the basis for future economic growth and development, developed resources are already contributing to economic growth and development. It is important for countries to explore and develop their potential resources to ensure long-term economic growth and development.
Community Answer
Differentiate between potential and developed resources ?
Potential resources = Resources which are founded in a region but have not been utilised ex. solar energy in Rajasthan. Developed resources = resources which are used now by human being.
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Differentiate between potential and developed resources ?
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Differentiate between potential and developed resources ? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Differentiate between potential and developed resources ? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Differentiate between potential and developed resources ?.
Differentiate between potential and developed resources ? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Differentiate between potential and developed resources ? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Differentiate between potential and developed resources ?.
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