natural resources

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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 settlement is a collaboration involving the city of Seattle, Bluefield Holdings and the Lower Duwamish Waterway Superfund Site natural resource trustees: the National Oceanic and Atmospheric Administration (NOAA), the Department of the Interior (DOI), the Washington State Department of Ecology, the Suquamish Tribe and the Muckleshoot Indian Tribe.
In debates about natural resource management and sustainable development, from planners' and policy makers' viewpoint, the utilizers have been considered as one of the target groups and their empowerment and attracting their participation as a large part of human sources living in rural areas, are vertices of programs of development organizations in different countries.
THE Centre submitted before the Supreme Court ( SC) on Tuesday that auction cannot be the only method for allocation of natural resources as there is a requirement for flexibility to ensure that such resources are used for advancement of the country.
Summary: In response to tremendous growth opportunities in global natural resources business sector, Dubai World today announced the formation of a new business unit, Dubai Natural Resources World, designed to explore new long-term investment avenues, while contributing positively towards sustainable development.
If the Ministry of Natural Resources (MNR) is the landlord for crown lands we want them to invest the equity wisely," he says.
Royalty trusts provide income-oriented taxpayers with opportunities to invest in natural resources, realize cash flows and participate in the tax benefits afforded this specialized industry.
Tom Hagan, the base natural resource manager and wildlife biologist, and Wanda Deal, assistant natural resource manager, say the Air Force has steadily stripped away environmental oversight from government workers and handed those duties over to private contractors.
863-1(b) provides that gross r eceipts from the sale outside the United States of natural resource products derived from inside the United States are allocated based on the fair market value of the product at the "export terminal.
But there are risks in codifying any rigid approach to natural resource access.
This spring hundreds or thousands of New Jersey businesses and property owners may be required to pay for loss of natural resources, including groundwater and wetlands, as the state's Department of Environmental Protection begins to aggressively pursue Natural Resource Damages claims against polluters and other responsible parties.
It describes the unique features of natural resources and resulting management challenges, the role of sustainable natural resource management in supporting pro-poor growth, and the politics and governance of natural resources.

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