What Is Difference Between Actual And Potential Resources?

What are actual and potential resources?

Those resources where we know the total availability of quantity and quality, are called the Actual Resources.

Those resources which exist in a particular region and can be used in the future are called Potential Resources..

What is the difference between actual and potential?

When used as nouns, actual means something actually received, whereas potential means currently unrealized ability (with the most common adposition being to). When used as adjectives, actual means relating to a person’s acts or deeds, whereas potential means existing in possibility, not in actuality.

What are the 5 types of resources?

Resources.Wildlife.Minerals.Agriculture.Industry.Human Resources.

What do you mean by stock of resources class 8?

Stock resources are resources that can be permanently expended, and are therefore non-renewable, and whose quantity is usually expressed in absolute amounts rather than in rates.

Which resources are the stock for future use?

Explanation: natural resources are the stock for future use.

Which one of the following is an actual resource?

Actual resources are those resources whose quantity is known. These resources are being used in the present. The uranium found in Ladakh is an example of potential resource that could be used in the future. The rich deposits of coal in Ruhr region of Germany is an actual resource.

What is the difference between developed and 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 serveyed and identified for their quality and quantity.

What are potential resources?

Potential resources are known to exist and may be used in the future. … Actual resources are those that have been surveyed, their quantity and quality determined, and are being used in present times. For example, petroleum and natural gas is actively being obtained from the Mumbai High Fields.

What are the examples of actual resources?

Actual resources are coal,Water, petrol Potential resources are uranium in Ladakh etc. actual resource are resources whose quantity is known and are used in present.eg black soil in maharashtra . potential resources are resources whose quantity is not known and are not used in present.eg uranium in ladakh.

What do you mean by stock resources?

Stock resources are resources that can be permanently expended, and are therefore non-renewable, and whose quantity is usually expressed in absolute amounts rather than in rates. Examples are coal and petroleum deposits.

What is potential resources explain with 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.

Why are potential resources not used?

Potential resources are not used optimally even though the technology to use them may be available because of several reasons. … More preference to traditional resources. Though the technology may be available but such technology may require more research and hence they are not used optimally.