Natural resources definition and classification pdf

Posted on Thursday, April 1, 2021 8:23:41 PM Posted by Karel G. - 01.04.2021 and pdf, pdf download 1 Comments

natural resources definition and classification pdf

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Natural resource

Natural resource economics is, as the name suggests, about natural resources. But what exactly are natural resources? Think about this for a moment before reading the following definition. Natural resources are all the original resources of the earth that are utilised by people and the range of natural services provided by these resources that support life and economic activity. Thus natural resources include industrial raw materials and renewable resources such as timber and fisheries, but also other environmental common property resources such as clean freshwater that are used in or support economic activity. The definition above stresses that the natural environment is inherently multi-functional. It provides numerous economic functions or services in addition to raw materials such as timber, fossil fuels, minerals, and those relating to food.

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Resource: Anything which has some utility for us is called a resource. Some resources have economic value, while some do not. For example; milk has economic value, but a beautiful landscape has no economic value. But both are important because both satisfy some human needs. Time and technology are two important factors which can change a substance into resources. For example; petroleum was not a resource before people learnt to use it. Natural Resource: Resources which are obtained from nature are called natural resources.


However, even clear-cut examples of natural resources would be difficult to classify as such under this approach, since most resources require at least some​.


Unit 1 Key Concepts

Natural resources are resources that exist without any actions of humankind. This includes all valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. On Earth , it includes sunlight , atmosphere , water , land includes all minerals along with all vegetation , and animal life. Particular areas such as the rainforest in Fatu-Hiva are often characterized by the biodiversity and geodiversity existent in their ecosystems.

Natural resources interactive map, data and reports

The interactive map includes detailed information on vegetative cover, natural resource corridors, soils, wetlands, floodplains, geology, topography and the ecological significance of an area. Landowners are encouraged to use the interactive map to learn more about their property. For example, they could see if a planned project has potential to impact a wetland, floodplain or other significant natural resources.

Learning about the role of natural resources allows for the development of more sustainable methods to manage resources and make sure that they are maintained for future generations. The goal of natural resource economics is to develop an efficient economy that is sustainable in the long-run. Importance of the Environment : This diagram illustrates how society and the economy are subsets of the environment. It is not possible for societal and economic systems to exist independently from the environment. For this reason, natural resource economics focuses on understanding the role of natural resources in the economy in order to develop a sufficient and sustainable economy that protects natural resources.

Human Resources

Natural resources are resources that exist without any actions of humankind. This includes all valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. On Earth , it includes sunlight , atmosphere , water , land includes all minerals along with all vegetation , and animal life. Particular areas such as the rainforest in Fatu-Hiva are often characterized by the biodiversity and geodiversity existent in their ecosystems. Natural resources may be further classified in different ways. Natural resources are materials and components something that can be used that can be found within the environment. Every man-made product is composed of natural resources at its fundamental level.

COMMENT 1

  • Natural resources can be defined as the resources that exist (on the planet) independent of human actions. Common examples of natural resources include air, sunlight, water, soil, stone, plants, animals and fossil fuels. Altea V. - 06.04.2021 at 23:25

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