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Overexploitation often occurs rapidly as markets open, utilising previously untapped resources, or locally used species. The Carolina parakeet was hunted to extinction. Today, overexploitation and misuse of natural resources is an ever-present threat for species richness.
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]
The resource curse, also known as the paradox of plenty or the poverty paradox, is the hypothesis that countries with an abundance of natural resources (such as fossil fuels and certain minerals) have lower economic growth, lower rates of democracy, or poorer development outcomes than countries with fewer natural resources. [1]
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.
A textbook on natural resources and environmental economics stated in 2011: "Nobody who has seriously studied the issues believes that the economy's relationship to the natural environment can be left entirely to market forces." [106]: 15 This means natural resources will be over-exploited and destroyed in the long run without government action.
The word "niche" refers to a species' requirements for survival and reproduction. These requirements include both resources (like food) and proper habitat conditions (like temperature or pH). Gause reasoned that if two species had identical niches (required identical resources and habitats) they would attempt to live in exactly the same area ...
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Natural resource management is a discipline in the management of natural resources such as land, water, soil, plants, and animals—with a particular focus on how management affects quality of life for present and future generations. Hence, sustainable development is followed according to the judicious use of resources to supply present and ...