Natural resource potential and its importance for the world economy

2024 Author: Henry Conors | [email protected]. Last modified: 2024-02-12 02:55

The economy of any country is significantly influenced by the availability of resources and natural conditions of accommodation. These include climate, relief structure, geographical location and other factors. The natural resource potential determines the structure and branches of the national economy, which are most developed in the region. Therefore, they play a huge role in the development of the world economy.

The natural resource potential of the region includes those elements and natural factors that are used in any area of human life. Depending on their origin, nature and scope, they are divided into several categories. The most important place in this classification is mineral resources. They are divided into mineral construction raw materials and minerals. This natural resource potential, in turn, is divided into non-metallic, ore and mineralresources. This category includes the entire mass of minerals that are in the bowels of the Earth and can be used in economic sectors.

Mineral mining is carried out in various parts of the world. Some deposits have been explored thoroughly and are being actively developed. Other deposits are only being studied by geologists. The development of some deposits is still only in perspective plans.

Also, minerals are divided by depth and quality. Initially, deposits were discovered that were located near the surface of the Earth. But with the development of technology, people were able to move deeper into the bowels. In addition, many fossils are classified as non-renewable resources. That is, their reserves are not infinite. Other types of resources can be restored, but this takes a certain time.

Natural resource potential includes land resources. This includes forests, pastures, arable lands, shrubs, hayfields and lands that have low productivity. These resources under the influence of certain factors may lose their quality. Water resources are also included in the natural resource potential of the world economy. Here, a special place is occupied by the waters of the oceans, as well as all the water surfaces of the planet (rivers, lakes, swamps, glaciers, artesian and groundwater).

Biological resources are all the diversity of the world of flora and fauna.

The next category includesresources of the oceans. They can be in water in dissolved form, on the surface or under the seabed. This also includes reserved, natural-climatic and balneological resources. The last category is cosmic and climatic factors. These are solar energy, which has recently been successfully used by mankind, the internal heat of the Earth, wave and wind energy and other resources.

The natural resource potential of the planet is huge. But all resources are further divided into two categories: exhaustible and inexhaustible. Many of them do not recover. Therefore, humanity should treat them more rationally and, if possible, contribute to their reproduction.