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Natural resources can be a substantial part of a country's wealth; [7] however, a sudden inflow of money caused by a resource extraction boom can create social problems including inflation harming other industries ("Dutch disease") and corruption, leading to inequality and underdevelopment, this is known as the "resource curse".
Diagram as published by McKelvey in 1973 [1] Diagram as published by McKelvey in 1976 [2]. A McKelvey diagram or McKelvey box is a visual representation used to describe a natural resource such as a mineral or fossil fuel, based on the geologic certainty of its presence and its economic potential for recovery.
India imports small amounts of natural gas. In 2004, India consumed about 1,089 × 10 ^ 9 cu ft (3.08 × 10 10 m 3) of natural gas, the first year in which the country showed net natural gas imports. During 2004, India imported 93 × 10 ^ 9 cu ft (2.6 × 10 9 m 3) of liquefied natural gas (LNG) from Qatar. [16]
Natural resource management approaches [10] can be categorised according to the kind and right of stakeholders, natural resources: State property: Ownership and control over the use of resources is in hands of the state. Individuals or groups may be able to make use of the resources, but only at the permission of the state.
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 .
[1] [2] Geography is an all-encompassing discipline that seeks an understanding of Earth and its human and natural complexities—not merely where objects are, but also how they have changed and come to be. While geography is specific to Earth, many concepts can be applied more broadly to other celestial bodies in the field of planetary science ...
Natural resources are derived from the environment. Many natural resources are essential for human survival, while others are used to satisfy human desire. Conservation is the management of natural resources with the goal of sustainability. Natural resources may be further classified in different ways. [1] Resources can be categorized based on ...
[10] [11] The classification also includes seven fresh-water biomes and 5 marine biomes. [10] Each biome contains many ecoregions that are examples of that type of habitat. [10] The purpose of this classification scheme is to identify ecoregions that are conservation priorities. These priority regions are referred to collectively as the WWF's ...
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