Explain the classification of resources on the basis of the state of development. -SST 10th

Explain the classification of resources on the basis of the state of development. -SST 10th
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Resources are classified on the basis of status of development in the following categories: i) Potential Resources - These are resources that have been found in a region but not yet been fully utilised. ii) Developed Resources - These are resources which have been surveyed and their quality and quantity have been determined for utilisation. The development of these resources depends upon technology and feasibility. iii) Stock- Stock are the materials in the environment which have the potential to satisfy human needs. However, human beings do not have the appropriate technology to access these resources. iv) Reserves - These are stocks of resources that can be put to use with existing technology. However, their use has not yet been started. They can be used to meet future requirements.
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