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 ?
He went on to say that we as a nation could make wonderful progress and achievements by using human as well as natural resources through modern technology.
The city of Seattle is acting responsibly to resolve its liability for injuries to natural resources by acting to restore those resources by creatively utilizing restoration credits, said Assistant Attorney General John C.
The House also approved Rs 87,734,000 for other expenditures of Petroleum and Natural Resources Division and Rs 587,476,000 for Capital Outlay on Petroleum and Natural Resources.
Among these, roots and causes of natural resources destruction by farmers, their needs, desires, and capabilities, as well as identifying ways to attract local utilizers' partnership in implementation of protection and restoration of natural resources plans, including consideration of the utilizers' role in the protection and restoration of natural areas should be seriously considered [8].
Alun Davies, Minister for Natural Resources in the Welsh Government, said: "The natural environment really is crucial to our economy here in Wales so it is vital that it is managed as effectively and efficiently as possible.
The Minister said: "The passing of this order is the culmination of a great deal of time, effort and hard work and means that Natural Resources Wales now has all the legal powers it needs to hit the ground running.
Raw Company Plant Name Feed Alabama (7) Cliffs Natural Resources Concord 1,000 Drummond Co.
Auction may be one of the methods for allocation of natural resources but not the only methodC* Liquidity of a natural resource, its need and value to the public at large, the need for ensuring maximum benefit for the advancement of the country and other aspects are relevant for deciding on the method for allocation," attorney general G.
Dubai Natural Resources World will drive the growth of the Group's interests across the entire natural resources value chain, including oil and gas, alternative energy, mining and agriculture.
But environmental accounting suggests that once you account for the depletion of the natural resources and wear and tear on produced capital goods such as buildings and machinery, the rate of creation of new wealth in net terms might be negative.
Out of the four, the Ministry of Natural Resources has been more hesitant to embrace the idea, since they will have to institute the changes to the Public Lands Act.
Naval Air Station Jacksonville Natural Resources Team (Christine M.

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