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Actual resources are those, that have been surveyed, their quantity and quality determined, and are being used in present times. For example, petroleum and natural gas are actively being obtained from the Mumbai High Fields. The development of an actual resource, such as wood processing depends on the technology available and the cost involved ...
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".
Environmental pressure increases as a result of globalization.” [33] Globalization has spurred the development of complex supply chains and trade networks that connect resource-rich regions with centers of production and consumption across the globe. While this interconnectedness has fueled economic growth and development in some regions, it ...
Resource mobilization is the process of getting resources from the resource provider, using different mechanisms, to implement an organization's predetermined goals. [1] It is a theory that is used in the study of social movements and argues that the success of social movements depends on resources (time, money, skills, etc.) and the ability to use them.
Natural resource management (NRM) is the management of natural resources such as land, water, soil, plants and animals, with a particular focus on how management affects the quality of life for both present and future generations (stewardship). Natural resource management deals with managing the way in which people and natural landscapes interact
Natural resource economics deals with the supply, demand, and allocation of the Earth's natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable methods of managing those resources to ensure their availability for future ...
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Energy development is the field of activities focused on obtaining sources of energy from natural resources. [ citation needed ] These activities include the production of renewable , nuclear , and fossil fuel derived sources of energy, and for the recovery and reuse of energy that would otherwise be wasted.