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An example of a non-renewable natural resource. Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest, and cultural value.
Coal, produced over millions of years, is a finite and non-renewable resource on a human time scale. A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. [1] An example is carbon-based fossil fuels.
Natural resources are also categorized based on distribution: Ubiquitous resources are found everywhere (for example, air, light, and water). Localized resources are found only in certain parts of the world (for example metal ores and geothermal power). Actual vs. potential natural resources are distinguished as follows:
Integrated natural resource management (INRM) is the process of managing natural resources in a systematic way, which includes multiple aspects of natural resource use (biophysical, socio-political, and economic) meet production goals of producers and other direct users (e.g., food security, profitability, risk aversion) as well as goals of the ...
Natural resources are resources that exist without actions of humankind; this includes characteristics such as magnetic, gravitational, and electrical properties and forces. Resources may be classified as renewable or nonrenewable .
Universal natural resources and physical phenomena that lack clear-cut boundaries, such as air, water and climate, as well as energy, radiation, electric charge and magnetism, not originating from civilized human actions. In contrast to the natural environment is the built environment.
Oceans often act as renewable resources. Sawmill near Fügen, Zillertal, Austria Global vegetation. A renewable resource (also known as a flow resource [note 1] [1]) is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of time in a human time scale.
Economic gains from natural resources are mostly beneficial when directed towards initiatives such as job creation, skill enhancement, capacity building, and pursuit of long-term developmental objectives. Thus, reliance on one or more natural resources holds financial risk when aiming for a stable economic growth. [28]