Resources: Value, Time & Technology

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Questions and Answers

What principle underlies the classification of a substance as a 'resource'?

  • Its transformation from a naturally occurring state to a manufactured product.
  • Its perceived utility in satisfying a human need or desire. (correct)
  • Its abundance in nature, ensuring availability for all.
  • Its inherent economic value as determined by market demand.

Which scenario best illustrates how technology can transform a common substance into a valuable resource?

  • Creating intricate designs from locally sourced wood.
  • Implementing water conservation techniques in agriculture.
  • Developing a method to extract and refine iron from iron ore. (correct)
  • Discovering a new plant species in a remote rainforest.

Consider a scenario where a community values a pristine, untouched forest primarily for its aesthetic beauty and ecological services. Which statement best encapsulates the forest's resource classification?

  • The forest is exclusively an economically valuable resource due to its potential for timber extraction.
  • The forest is solely a non-economic resource because its beauty cannot be directly monetized.
  • The forest transitions into a human-made resource upon any human interaction or intervention.
  • The forest represents both an economic and non-economic resource, offering ecological services and aesthetic value. (correct)

What factor primarily differentiates a 'renewable' resource from a 'non-renewable' resource?

<p>The rate at which the resource can be naturally replenished, relative to human consumption. (D)</p> Signup and view all the answers

Given the concept of sustainable development, how should societies balance the utilization of resources?

<p>Utilize resources to meet present needs while ensuring availability and quality for future generations. (B)</p> Signup and view all the answers

In the context of resource management, why is understanding the distribution of natural resources across different geographical regions crucial?

<p>To mitigate potential conflicts related to resource scarcity and promote international cooperation. (B)</p> Signup and view all the answers

How does the concept of 'human resources' extend beyond simply the number of people in a society?

<p>It encompasses the skills, knowledge, and abilities that people can contribute to resource creation and societal development. (D)</p> Signup and view all the answers

What is the most accurate definition of 'resource conservation' in the context of environmental sustainability?

<p>The strategic management and sustainable use of resources to ensure their availability for future generations. (B)</p> Signup and view all the answers

Which of the following actions best demonstrates a commitment to sustainable development at the individual level?

<p>Reducing personal consumption, reusing items, and recycling materials to minimize environmental impact. (B)</p> Signup and view all the answers

What critical role does 'technology' play in realizing the goals of sustainable resource management?

<p>It provides tools for more efficient resource extraction, processing, and utilization, minimizing waste and environmental impact. (D)</p> Signup and view all the answers

Why is 'human resource development' essential for achieving sustainable development goals?

<p>It improves the skills, knowledge, and capacities of people to develop innovative solutions for sustainable resource management. (C)</p> Signup and view all the answers

Which of the following exemplifies the transformation of a non-economic resource into an economically valuable one over time:

<p>The discovery of a new species of plant with medicinal properties, later patented and sold by pharmaceutical companies. (B)</p> Signup and view all the answers

How does the concept of a 'patent' directly contribute to the economic valuation of resources?

<p>It grants exclusive rights over an invention or idea, potentially creating commercial value for a resource that incorporates it. (D)</p> Signup and view all the answers

Why are 'people themselves considered the most important resource'?

<p>Because their ideas, knowledge, and inventions lead to the creation of additional resources and societal progress. (C)</p> Signup and view all the answers

In the context of natural resources, what does 'stock' refer to?

<p>The readily accessible and usable amount of a resource available for use. (B)</p> Signup and view all the answers

How is the creation of hydroelectricity an example of technology enhancing the value of a natural resource?

<p>It utilizes the energy of fast-flowing water to generate electricity, making the water a more valuable resource. (A)</p> Signup and view all the answers

How can careless use of renewable resources lead to their depletion?

<p>By damaging or polluting them, affecting their ability to replenish. (C)</p> Signup and view all the answers

What is the primary reason for the unequal distribution of natural resources across the Earth?

<p>The differences in physical factors like terrain, climate, and altitude. (A)</p> Signup and view all the answers

Which of the following activities would not contribute to resource conservation?

<p>Leaving electronic devices plugged in even when they are fully charged. (D)</p> Signup and view all the answers

Why is it crucial to minimize damage to natural environmental systems in the context of resource management?

<p>To prevent the disruption of ecological processes that support life and resource availability. (A)</p> Signup and view all the answers

What is the primary difference between 'sustainable development' and simply 'economic growth'?

<p>Economic growth prioritizes increasing wealth, while sustainable development balances economic, social, and environmental considerations. (C)</p> Signup and view all the answers

Some resources have become economically valuable with time. Which of the following scenarios demonstrates resources gaining economic value with time?

<p>A beautiful landscape attracting tourists after the area is developed. (C)</p> Signup and view all the answers

Which resource is considered unlimited and not affected by human activities?

<p>Solar energy (E)</p> Signup and view all the answers

What term describes resources drawn from Nature and used without much modification?

<p>Natural resources (E)</p> Signup and view all the answers

When does a natural substance become a resource?

<p>When its original form is changed (C)</p> Signup and view all the answers

What are buildings, bridges, and roads known as?

<p>Human made resources (B)</p> Signup and view all the answers

What does the term 'human resource' refer to?

<p>The number and abilities of the people (D)</p> Signup and view all the answers

What helps in making people a valuable resource?

<p>Education and health (C)</p> Signup and view all the answers

What is improving the quality of people's skills so that they are able to create more resources known as?

<p>Human resource development (D)</p> Signup and view all the answers

What is it called when we carefully utilise resources so that besides meeting the requirements of the present, it also takes care of future generations?

<p>Sustainable Development (A)</p> Signup and view all the answers

Choosing not to waste paper would be an example of?

<p>Resource Conservation (D)</p> Signup and view all the answers

When does something become a resource?

<p>When it has value (E)</p> Signup and view all the answers

Some resources have economic value and some do not. Which of the following statements about resources if most accurate?

<p>Both types of resources are important and sustain human needs. (D)</p> Signup and view all the answers

What is the exclusive right over any idea or invention known as?

<p>Patent (A)</p> Signup and view all the answers

What is technology?

<p>It is the application of latest knowledge and skill in making something (E)</p> Signup and view all the answers

Why is the unsustainable use of resources a concern?

<p>It can lead to resource scarcity and exhaustion (C)</p> Signup and view all the answers

What does resource conservation involve?

<p>All of the above (D)</p> Signup and view all the answers

Flashcards

What is a resource?

Anything that can be used to satisfy a need.

What is utility?

The usability or capacity to provide satisfaction.

What is value?

Worth: resources provide value; some economic, some not.

What is a patent?

The exclusive right over any idea or invention.

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What is technology?

Applying latest knowledge and skill to create or improve products/processes.

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What are natural resources?

Resources from nature used without much modification.

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What are renewable resources?

Naturally replenished resources; some virtually unlimited.

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What are non-renewable resources?

Limited resources; take thousands of years to replenish.

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What are human-made resources?

Natural substances transformed via human effort to create value.

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What are human resources?

The number/abilities of humans; skills transform materials into valuable resources.

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What is human resource development?

Improving skills to create more resources.

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What is resource conservation?

Carefully utilizing resources and giving them time to get renewed.

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What is sustainable development?

Meeting present needs without compromising future generations.

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Study Notes

  • Anything that can be used to satisfy a need is a resource
  • Utility or usability is what makes an object or substance a resource
  • Resources become valuable when they have utility
  • All resources have some value

Value of resources

  • Value means worth
  • Some resources have economic value, while others do not
  • Metals have economic value
  • A beautiful landscape may not have economic value
  • Both types of resources are important and satisfy human needs
  • Some resources can become economically valuable with time
  • Home remedies have no commercial value currently
  • Home remedies could become economically valuable if they are patented and sold by a medical firm

Factors that can change substances into resources

  • Time and technology
  • People are the most important resource because their ideas, knowledge, inventions and discoveries lead to the creation of more resources
  • The discovery of fire led to the practice of cooking and other processes
  • The invention of the wheel led to the development of newer modes of transport
  • Technology to create hydroelectricity turned energy in fast flowing water into an important resource

Categories of resources

  • Natural
  • Human-made
  • Human

Natural Resources

  • Resources drawn from nature and used without much modification
  • Air, water, soils, and minerals are examples
  • Many are free gifts of nature and can be used directly
  • Tools and technology may be needed to harness them in some cases
  • Natural resources can be broadly categorized into renewable and non-renewable resources

Renewable Resources

  • Quickly renewed or replenished
  • Some, like solar and wind energy, are unlimited and not affected by human activities
  • Careless use of certain renewable resources like water, soil and forest can affect their stock
  • Shortage and drying up of natural water sources are major problems in many parts of the world today

Non-Renewable Resources

  • Resources that have a limited stock
  • It may take thousands of years to renew or replenish them once exhausted
  • Coal, petroleum, and natural gas are examples

Distribution of resources

  • Depends on physical factors like terrain, climate, and altitude
  • Distribution is unequal because these factors differ so much

Human-Made Resources

  • Natural substances become resources only when their original form has been changed
  • Iron ore was not a resource until people learned to extract iron from it
  • Buildings, bridges, roads, machinery, vehicles, and technology are human-made resources

Human Resources

  • People can make the best use of nature to create more resources when they have the knowledge, skill and the technology to do so
  • Education and health help in making people a valuable resource
  • Improving the quality of people's skills so that they are able to create more resources is known as human resource development

Conserving Resources

  • Using resources carefully and giving them time to get renewed is called resource conservation
  • Balancing the need to use resources and also conserve them for the future is called sustainable development
  • Each person can contribute by reducing consumption, recycling and reusing things

Principles of Sustainble Development

  • Respect and care for all forms of life
  • Improve the quality of human life
  • Conserve the earth’s vitality and diversity
  • Minimise the depletion of natural resources
  • Change personal attitude and practices towards the environment
  • Enable communities to care for their own environment
  • All uses of renewable resources are sustainable
  • The diversity of life on the earth is conserved
  • The damage to natural environmental system is minimised

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