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Question

What are developed resources? Give examples.


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Solution

Answer:

Anything available in our environment that can be used to fulfil our desires is recognized as a resource, given that it is technically accessible, economically viable, and culturally appropriate.

Resources that have been developed and whose quantity and quality have been defined for use and are currently being used are known as developed resources.

Examples: Petroleum and coal.

  1. Write the differences between actual and potential resources.
  2. What is potential resource?

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Classification of Resources
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