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Natural Resources and Economic Development

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Natural Resources and Economic Development

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Questions and Answers

What is a common characteristic of renewable resources?

They are always in short supply

They can be replenished over time (correct)

They are usually found in high concentrations

They are non-living components

What is a primary goal of sustainable development?

Meeting present needs without compromising future generations (correct)

Increasing human capital

Reducing global inequality

Maximizing economic growth

What is a key component of sustainable development?

Social equity

Environmental protection (correct)

Human capital

Economic growth

Which of the following is an example of an abiotic resource?

Water Signup and view all the answers

What is economic development primarily measured by?

All of the above Signup and view all the answers

What percentage of citizens participated in the 2019 federal elections in Belgium?

90% Signup and view all the answers

What is the approximate percentage of Belgians who volunteer regularly?

1 in 5 Signup and view all the answers

What is the voter turnout in the 2019 presidential elections in Sri Lanka?

60% Signup and view all the answers

What is the status of civic education in Belgian schools?

Compulsory Signup and view all the answers

What is the system of governance in Sri Lanka?

Decentralized Signup and view all the answers

What is the trend of volunteering in Sri Lanka?

Growing Signup and view all the answers

Study Notes

Resources

Natural Resources:
- Renewable resources: water, air, soil, forests, fish
- Non-renewable resources: fossil fuels (coal, oil, natural gas), minerals (iron, copper, gold)
Classification of Resources:
- Biotic: living organisms (plants, animals)
- Abiotic: non-living components (water, soil, air, minerals)
Distribution of Resources:
- Uneven distribution globally
- Factors influencing distribution: climate, geology, geography

Development

Economic Development:
- Improvement in standard of living, economic growth, and income
- Measured by GDP, HDI (Human Development Index), and GNI (Gross National Income)
Sustainable Development:
- Meeting present needs without compromising future generations' ability to meet their needs
- Three pillars: economic growth, social equity, environmental protection
Factors Influencing Development:
- Natural resources
- Infrastructure (transportation, communication)
- Human capital (education, skills)
- Institutional factors (governance, policies)
- Globalization and trade

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Description

Test your knowledge of natural resources, their classification, distribution, and role in economic development. Explore the factors influencing development, including sustainable development and its pillars.