Question
Classify resources on the basis of the status of development into four groups. Explain the main features of each group.

Answer

On the basis of development, resources can be classified into four main groups: Potential resources, developed resources, stock resources and reserve resources. Their main features are
  1. Potential resources: Potential resources are those resources which are found in the region but have not been used. For example, the states of Gujarat and Rajasthan have tremendous potential for the development of solar energy, but it has not been fully used till yet.
  2. Developed resources: Developed resources are those resources whose quality and quantity have been determined for utilisation.
  3. Stock: These are resources which can satisfy human needs, but humans do not have the technical know-how to utilise these resources.
  4. Reserves: Humans have the technology of harnessing the reserve resources, but their use has not been started.

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