Which of these is a term for resource classification based on their status of development?

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Stock Resources

Individual Resources

National Resources

International Resources

answer is A.

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Detailed Solution

Resources are classified based on their development status: Stock, reserves, potential, and developed resources. Resources are all the minerals in the environment that allows us to fulfil our wants and requirements. The environment contains resources that can satisfy human demands, but there is no necessary technology to access them to meet the requirements of humans. These resources are the stock resources. For instance, water is a mixture of the gases oxygen and hydrogen. An abundant source of energy is hydrogen. Although hydrogen is a potential energy source, we are unaware of the technology required to accomplish it. So, it is called stock resources.

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