Natural Resources Flashcards
Natural resources
Natural assets occurring in nature that can be used for economic production or consumption
Biotic resources
Resources derived from the biosphere
Abiotic resources
Resources derived from non-living and non-organic sources
Actual resources
Resources that have been surveyed and quantified and are currently being extracted
Reserve resources
The portion of the actual resource that have yet to be extracted
Potential resources
Resources that are viable to extract but are not at present
Stock resources
Resources that are not currently viable to extract
Non-renewable resources
The rate of replenishment is far exceeded by their rate of consumption
Non-renewable resources: Bulk Metals
Iron
Aluminum
Copper
Non-renewable resources: Technological critical elements
Neodymium
Indium
Tantalum
Non-renewable resources: Fossil fuels
Coal
Oil
Natural Gas
Non-renewable resources: Aggregates
Limestone
Sand
Renewable Resources
The rate of natural replenishment is equal to or exceeds its rate of consumption
Theoretically inexhaustible renewable resources
Human use measurably impacts availability
- Biomass
- Land
Inexhaustible renewable resources
Human use does not measurable impact availability
- Solar
- Wind
- Water
- Wave