Key Terms Flashcards
What is resource exploitation?
The action of using natural resources to the fullest or for the most profitable use
What is resource exploration?
The process of searching an area with the intention of finding and mapping natural resources
What is resource development?
Taking a resource and making it ready for people to use and accessible to buy
What is uneven distribution?
The concentration of some resources in certain areas giving national governments varying levels of territorial control over these
What is a resource?
Any aspect of the natural environment that can be used to meet human needs
What is resource security?
The ability of a country (or other scale of organisation) to maintain a reliable and sustainable flow of resources to maintain and/ or improve living standards
What is resource sustainability?
Using resources in such a way that it does not harm the resource security or environment in the future
What is resource conflict?
Disagreement over resource access and use that could move from verbal disagreement to legal disputes to violence and warfare
What is a stock resource?
Non renewable resources which can be used up/ are finite- quantity is expressed in absolute amounts eg oil
What is a flow resource?
Resources that are renewable and can be replaced eg wind and timber- quantity is expressed usually in annual rates
What are measured reserves?
A confident estimation of a quantity of resource in an area based on well established knowledge of grade,quality, densities and physical characteristics
What are indicated reserves?
An estimation that has a level of confidence that makes it worthwhile to carry on evaluating the economic viability of a resource in an area
What are inferred reserves?
Quantity, grade and quality of a resource in an area that is based on limited geological sampling and so may be inaccurate
What are possible resources?
Broad geological knowledge of deposits of resources which may become worth looking for in more detail in the long term
What is a resource fronteir?
A newly colonised region where resources have been discovered and are brought into production for the first time