Natural Resources and Economic Sectors

Study Notes

Renewable, Non-Renewable, and Flow Resources

Renewable resources replenish naturally (e.g., solar, wind, water, forests).
Non-renewable resources are finite and depleted with use (e.g., oil, coal, natural gas, minerals).
Flow resources are constantly available and not depleted (e.g., sunlight, tides, wind).

Clean Energy Source for Remote Communities

Solar panels are a good choice for remote communities due to low maintenance and independence from the grid.

Economic Sectors and Jobs

Primary Sector: Involves harvesting natural resources (e.g., farming, mining, fishing).
Secondary Sector: Manufacturing and industrial production (e.g., factory work, car building).
Tertiary Sector: Service industries (e.g., teaching, nursing, retail).
Quaternary Sector: Knowledge and research jobs (e.g., software development, data analysis).

Sector Characteristics

Primary: Directly exploiting natural resources (farming, logging).
Secondary: Processing raw materials into finished products (steelmaking, assembly).
Tertiary: Providing services or selling goods (retail, healthcare).
Quaternary: Knowledge-based, focused on innovation and information (research, IT).

Tree Harvesting Advantages and Disadvantages

Advantages: Economic benefits, provides raw materials, promotes sustainability with proper management.
Disadvantages: Deforestation, habitat loss, soil erosion, biodiversity reduction, climate change contribution (unsustainable practices).

Forestry and Canada's Economy

Forestry is crucial to Canada's economy, impacting GDP and providing jobs.
Canada is a major exporter of timber, pulp, and paper.
Important in provinces like British Columbia, Quebec, and Ontario.

Environmental Challenges with Oil Drilling

Habitat destruction: Loss of natural environments.
Oil spills/pollution: Contaminating water bodies.
Greenhouse gas emissions: Contributing to climate change.
Soil & groundwater contamination: Risks associated with drilling.

GDP (Gross Domestic Product)

GDP measures the total monetary value of goods and services produced within a country in a given time period.
It represents a country's economic health and performance.

Trade Agreements

CUSMA (Canada-United States-Mexico Agreement) replaced NAFTA.
Reduced tariffs and promoted cross-border investment.

Importing and Exporting

Importing: Bringing goods into a country.
Exporting: Sending goods to another country.

Types of Oil Drilling

Conventional Drilling: Extracts oil from accessible reservoirs.
Horizontal Drilling: Extends access to oil.
Offshore Drilling: Extracts oil from underwater reserves.
Hydraulic Fracturing (Fracking): Uses fluid to release oil or gas from rock formations.

Description

This quiz covers the distinctions between renewable, non-renewable, and flow resources, including their significance in various industries. It also explores the characteristics of economic sectors and job types related to resource management. Test your knowledge on clean energy solutions for remote communities as well.