What are two reasons we develop resources?

What are two reasons we develop resources?

1) Resources are vital for our survival. 2) If resources are used as free gifts of nature, then they will be wasted and exhausted. 3) Concentration of resources in a few hands increases inequality. 4) Global crises such as global warming, ozone layer depletion require resource planning.

What helps in development of potential resources?

Potential resources are those that have been identified at particular places but have not yet been utilised. Developed resources are those that have been surveyed and identified for their quality and quantity. Their development depends upon the availability of technology.

What is a potential resource?

Definition. A type of natural resource that exists in a region and may be used in the future (in contrast to actual resource). Supplement. For example petroleum in India is and will be a potential resource as long as it has not been used yet or accessed for use.

What is the potential resource?

The resources that are available in a particular region and can be utilized in the future are known as potential resources. The exact quantity and quality of the resource are unknown. To make the best use of these resources, advanced technology is required.

What is potential resource and developed resource?

Potential resources are those that have been identified at particular places but have not yet been utilised. Developed resources are those that have been serveyed and identified for their quality and quantity.

What is potential resources in short?

Potential resources are resources which exist in a region and which can be used in the future. For example:- Mineral oil may exist in many parts of India where sedimentary rocks are found but till it is actually drilled out and put into use, it remains a potential resource.

What are potential resources in easy way?

A type of natural resource that exists in a region and may be used in the future (in contrast to actual resource). For example petroleum in India is and will be a potential resource as long as it has not been used yet or accessed for use.

How can potential resources be actual resources?

potential resource means resources which are stored and can be used in future. actual resources are resources which are used in present time. for example the petroleum which is presently in use is actual resource. potential resources can be transformed in actual resources by using them.

What is potential resources give example?

Potential resources are those which are available in the region but are not fully used. But these resources could be used in future. For example, uranium present in Ladakh is a potential resource which could be used in the future.