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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.
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 .
[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 ...
[1] Biogeographic realms are characterized by the evolutionary history of the organisms they contain. They are distinct from biomes , also known as major habitat types, which are divisions of the Earth's surface based on life form , or the adaptation of animals, fungi, micro-organisms and plants to climatic, soil , and other conditions.
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It’s common knowledge that the internet has a wealth of free resources and information. YouTube, Wikipedia, Reddit, and Khan Academy are obvious examples. But those are just four out of the 1.5 ...
Mineral Resources are further sub-divided, in order of increasing geological confidence, into inferred, indicated and measured as categories. Inferred Mineral Resource is the part of a mineral resource for which quantity, grade (or quality) and mineral content can be estimated with a low level of confidence. It is inferred from geological ...