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Natural Resources: Commodities Existing in a Natural State

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Natural Resources: Commodities Existing in a Natural State
Unit 1
Lecture 1
Natural Resources: commodities existing in a natural state
-which are useful to people, for human needs-food, shelter.
-Copper which is used in pluming/pipes, electronics, east of phoenix, ray mine,
-the demand for copper has grown in recent year

Natural Resources- Commodities existing in a natural state which are useful to people. Various features of the physical env(stuff that exist in phy. env) which used to meet human needs such as clothing, food, and shelter. Since human needs changed over time, the defn of natural resources are broader.
Ex) copper: used in electronics. Plumbing, mines in AZ
What is a resource? It depends on 4 items.
1.Demand or needs: related to the initial defn above
Ex) Athabasca oil sands in Canadian province of Alberta(biggest location)- Petrolium resouce. Expensive but advantage to extranct tar sand due to demand.
2.Technology: to extract the resource
1)To Discover the location of the resource 2) To Recover the resource to be able to exploid, extract from the earth.
Ex) North part of North Sea b/t the UK and Norway. Prolific Oil field. Discovery and extraction became possible in 1960’s due to tech.
Southern part of North Sea b/t the UK and Netherlands. Natural gas. It was burnt waste from extraction oil in the 1920’s but became valuable energy.
3.Can change over time ex) natural gas, Flint historically used to make iron products and fire starter. Salt mines in Austria.
4. Values : vary from perspective, group, culture etc. ex) inorganic(mineral) resources. “ Look at that mountain!” hiker(what’s the best way to make the sumet), cattle rancher(where are the good grasser), forester, hunter

Lecture 2
Two kinds of resources: Renewable resources and non-renewable resources.
Renewable resource can be not diminished when used. can be restored after use. And can be sustainable w/o endangering future consumption(water, forests, fisheries)
1.recurrent resources: have a repeating nature about them, ex:

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