All Flashcards
Define 'natural resources'.
Materials or substances occurring in nature that can be exploited for economic gain.
Define 'resource-rich region'.
A region with abundant natural resources like oil, minerals, or timber.
Define 'resource-dependent region'.
A region that relies on imports to meet its natural resource needs.
Define 'energy dependency'.
The extent to which a country relies on other nations to meet its energy needs.
Define 'geological factors'.
Characteristics related to the Earth's structure, rocks, and mineral deposits that influence resource distribution.
Define 'geographic factors'.
Environmental conditions such as water availability, sunlight, climate, and soil fertility that affect resource distribution.
Define 'political factors'.
Governmental policies, regulations, and stability that influence resource access and exploitation.
Define 'economic factors'.
Economic systems, trade policies, and infrastructure that impact resource distribution and utilization.
Define 'social factors'.
Societal norms, cultural practices, and technological capabilities that affect resource management and consumption.
How does uneven resource distribution affect trade?
It leads to resource-dependent countries importing from resource-rich countries.
How can resource wealth affect a country's economy?
It can boost economic growth but also lead to dependence and vulnerability to price fluctuations.
How can resource scarcity affect international relations?
It can lead to competition, conflicts, and diplomatic tensions between nations.
What is the effect of high resource demand?
Increased resource extraction, environmental degradation, and geopolitical tension.
What is the effect of uneven resource distribution?
Trade imbalances, economic dependencies, and potential conflicts over resources.
What is the effect of unsustainable resource extraction?
Depletion of resources, habitat destruction, and long-term economic instability.
What is the effect of political instability in resource-rich regions?
Disrupted resource supply, price volatility, and reduced investment.
What is the effect of technological advancements on resource use?
Increased efficiency, access to previously inaccessible resources, and new environmental impacts.
What is the effect of climate change on resource availability?
Changes in water availability, agricultural productivity, and increased risk of natural disasters.
What is the effect of international trade agreements on resource distribution?
Facilitated resource flow, increased economic interdependence, and potential exploitation of resources.
What is the effect of corruption on resource management?
Misallocation of resources, environmental degradation, and reduced economic benefits for local populations.
What is the effect of population growth on resource consumption?
Increased demand for resources, leading to depletion and environmental stress.
What is the effect of renewable energy adoption on fossil fuel dependence?
Reduced reliance on fossil fuels, decreased carbon emissions, and improved energy security.