Differentiate between the following:

(a) Potential and actual Resources


(b) Ubiquitous and localized resources


(a) Potential and Actual Resources:


Potential Resources



Actual Resources



Potential resources are those resources which are found in a region but are not developed to their full potential.


Potential resources do not have any economic benefits yet.


For example: Uranium deposits of Ladakh and mineral oil in Rajasthan.



Actual resources are those resources which have been developed fully for actual use.


Actual resources have abundant economic benefits.


For example: Iron, copper, etc



(b) Ubiquitous Resources and Localized Resources:


Ubiquitous Resources



Localized Resources



These resources are those resources which are found everywhere.


These resources are mostly renewable.


For example: Air, the Sun, etc



These are those resources which are found at certain places.


These resources are mostly non renewable.


For example: Gold, Silver, Copper, etc.



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