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04/06/2021 1:05 pm
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Differentiate between Potential and actual resources.
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04/06/2021 1:12 pm
Potential resources
1. A potential resource is not being used currently.
2. A potential resource can prove useful and become an actual resource in the future.
3. Examples: uranium deposits in Ladakh.
4. The entire quantity of a potential resource may not be known.
Actual resources
1. An actual resource is one which we use currently.
2. An actual resource might have been a potential resource in the past. It may end up in the future.
3. Examples: Coal deposits.
4. The actual quantity of an actual resource is known.