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 ?
The president of the Board of Directors of the Association for the Environment and Natural Resources Law (DAR), Hugo Che Piu Deza, for his part, stressed that the agreement helps to formalize cooperation and coordination relations to reduce deforestation and promote an adequate Land Classification due to its greater capacity for use.
I urge all relevant ministries make the protection of natural resources their main priority.
Minister Khama said he wondered why developed countries continued to fund African countries which he failed to manage natural resources prudently.
Of course, because this is a proposed Constitution, it will definitely affect the environment and natural resources sector,' Leones, a lawyer, added.
Agglomeration of certain types of natural resources increases the importance of this place for households and business.
'The account, called the Development of Natural Resources Account, was set up through an executive order in 2002 to develop alternative mineral resources to lessen the nation's dependence on petroleum.
However, the incumbent government is trying their level best to bring available natural resources, foreign assistance and man power into practice to put the province on the track of development and prosperity.The Governor of Balochistan, Mohammad Khan Achakzai, while speaking with the diplomat of European Union, MR.
The natural resources have been rapidly depleting over last several decades because of insane and unsustainable industrialisation in developed countries, an official of the Climate Change ministry said while taking to reporter.
Gilgit Baltistan is also blessed with huge natural resources and we should realize their importance, he urged.
Adams Natural Resources Fund Inc (NYSE:PEO) disclosed on Friday that its board of directors authorised a distribution of USD0.10 per share from net investment income for the quarter.
The purpose of this paper is to develop a set of interoperable system models for ensuring smooth and quick supply of VGI to ensure management of natural resources of Pakistan.
Listed below are the 10 richest countries in terms of the value of their natural resources. The numbers to the right are their rankings in terms of per capita income as calculated by three different bodies.

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