On the Basis of the Status of Development – Potential, Developed Stock and Reserves

 

On the Basis of the Status of Development – Potential, Developed Stock and Reserves

Potential Resources are the resources which are found in a region but have not been utilised.

Eg: Rajasthan and Gujarat have enormous potential for the development of wind and solar energy, but so far, these have not been developed properly.

Developed Resources: Resources which are surveyed and their quality and quantity have been determined for utilisation. The development of resources depends on technology and the level of their feasibility.

Materials in the environment which have the potential to satisfy human needs but human beings do not have the appropriate technology to access are called stocks.

Eg: Hydrogen can be used as a rich source of energy. But we do not have advanced technology to use it.

Reserves are the subset of the stock, which can be put into use with the help of existing technical ‘know-how’, but their use has not been started. These can be used to meet future requirements.

Eg: Water in the dams, forests etc. is a reserve which can be used in the future.