Quick Answer: What Are Actual Resources Examples?

What are resources give two examples?

2 Answers.

Everything available in our environment which can be used to satisfy our needs, provided, it is technologically accessible, economically .

feasible and culturally acceptable can be termed as Resource.

Examples, coal, water, air, minerals, etc..

What is difference between potential and actual resources?

Actual Resources are those which have been surveyed, their quantity and quality determined and are being used in present times. Potential Resources: Potential Resources – Potential resources are resources which exist in a region and which can be used in the future. 1.

What are the three types of resource?

He’ll review three types of resources: human, natural and capital. Our community relies on different kinds of resources to operate successfully. What Are Resources?

What are the potential resources?

Definition. 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 do you mean by potential and actual resources?

Potential resources are those whose entire quantity may not be known and these are not being used at present . 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.

What are human made resources?

Examples of man-made resources include plastic, paper, soda, sheet metal, rubber and brass. These contrast with natural resources, such as water, crops, sunlight, crude oil, wood and gold.

What is conversion of resources?

Resource Conversion is a development structure. … This development structure uses locally produced resources (commodities) to provide all or most of the funds for sustainable development where the resources produced directly benefit the communities whose labor produced them.

Which is an actual resource?

Actual resources are those resources that have been surveyed theit quantity and quality determined and its use in present times. 1)Petroleum and natural gas is actively obtained in mumbai and delhi.

What are potential resources with example?

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.

What are the 5 types of resources?

Natural ResourcesBiotic & Abiotic. Any life form that lives within nature is a Biotic Resource, like humans, animals, plants, etc. … Renewable & Non-renewable. Renewable resources are almost all elements of nature which can renew themselves. … Potential, Developed, and Stock Resources.

What is the difference between actual and potential?

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). … Existing in reality, not just potentially; really acted or acting; occurring in fact.

What are the 4 types of resources?

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

What is chronological resource explain with example?

A chronological resource is a report that has all the events arranged in the order of their occurrence. Example: 1. Historical stories- It involves recounting events that have taken place in the past in the particular order of their occurrence.