natural resources


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Related to natural resources: Conservation of natural resources

natural resources

the contribution to productive activity made by land (for example, a factory site or farm) and basic raw materials, such as iron ore, timber, oil, corn, etc. Some natural resources, such as wheat, are renewable, while others, such as iron ore, are finite (non-renewable) and will eventually be exhausted. However, as stocks of non-renewable natural resources begin to deplete, their price will tend to rise, providing an incentive to seek other natural or synthetic substitutes for them. Natural resources are one of the three main FACTORS OF PRODUCTION, the other two being LABOUR and CAPITAL. See ECONOMIC GROWTH.
References in periodicals archive ?
Benjamin Chavis, Co-Chairman of the Hip-Hop Summit Action Network, declared, "We went to South Africa and Botswana both to see, firsthand, how the diamond industry contributes to the quality of life there, and to listen to the people share with us their aspirations for how this natural resource can help them realize their dreams, hopes and desires for a better life.
Cordes adds the title of chief executive officer to his previous position as president at American Natural Resources Company.
The proposal will be reviewed and considered by the Board of Natural Resources at a future meeting.
CONTACT: Rinee Snyder of the Washington State Department of Natural Resources, 206-902-1600/
CONTACT: Bernard Murphy of the Washington State Department of Natural Resources, 206-902-1590/
He announced formation of the non-profit Irvine Ranch Land Reserve Trust to help protect, restore and enhance the natural resources and to encourage the creation of new and diverse opportunities for public enjoyment and education.
This was accomplished by having BlackGold Natural Resources, PLC, a wholly owned British subsidiary purchase the corporate assets with the consideration being the British corporation's common stock and its assumption of the obligations and liabilities of Black Gold.
15 /PRNewswire/ -- The Washington State Board of Natural Resources will hold a special meeting to elect a new chair and vice chair, the Washington State Department of Natural Resources (DNR) said today.
The Company primarily uses the STeP(TM) technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources.
4 /PRNewswire/ -- Final approval on a proposed land exchange in Whatcom County is expected when Public Lands Commissioner Brian Boyle chairs his last meeting of the Washington State Board of Natural Resources, the Washington State Department of Natural Resources said today.
This is an exciting opportunity for us, as we expand our thrust to natural resources in Africa, in addition to our current oil and gas projects in the United States and Turkey, and it is consistent with our business model of obtaining ownership interests in order to capitalize on the use of our STeP(TM) technology in exploration projects," said Roman Rozenberg, Chief Executive Officer.
The bill also gives the director of the Department of Natural Resources authority to use scrap tire funds for public health, environmental and safety projects in response to environmental emergencies such as tire fires.

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