Factors Influencing Natural Resource Use Flashcards
governmental policies
determine resource use, often balancing between exploitation for development and conservation
how can private investments affect natural resource use
can accelerate resource extraction but require regulation to protect against overuse.
Primarily concerned with profit so it must be regulated.
nationalization refers to…
direct state ownership, or government acquiring a controlling share
how does nationalization affect natural resources?
demonstrates state-led resource management, which can support broader national interests.
what does the Environmental Impact Assessment do?
ensure sustainable planning by assessing potential project impacts.
encourages public participation
informs policy decisions provides alternative approaches that align with sustainability.
benefit of national debt obligations
can prompt resource overuse as countries strive for economic gain,
ex. Guyana’s reliance on resources amid poverty
why does foreign investment need careful regulation?
to prevent environmental degradation, with economic tools and restoration requirements often set to protect resources.
how do sectoral activities affect ecosystems and resources?
Tourism attracts investments that directly affect the marine and coastal ecosystems.
Agricultural production still occurs in the larger territories. This has a direct impact on rivers, coastal and marine ecosystems.
Mining of various natural resources contributes significantly to the GDP of some territories but impacts the ecosystems through pollution and discharge of process chemicals.