Differentiate between the following:

(a) Potential and actual Resources

(b) Ubiquitous and localized 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

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.