Natural Resources to Finished Products The Role of Natural Resources and a country’s economy

Blueprint: Economics Distinguish the difference between a natural resource and finished product. tree books chair & desk to

Distinguish the difference between a natural resource and finished product.

Natural Resources Natural resources are substances we obtain from the land, water, and air around us. People use many of the Earth's natural resources. All of the products we use have a natural resource base. Minerals, forest products, water, and soil are just a few of the natural resources humans use to produce energy and make things people use.

Natural resources are substances we obtain from the land, water, and air around us.

People use many of the Earth's natural resources. All of the products we use have a natural resource base. Minerals, forest products, water, and soil are just a few of the natural resources humans use to produce energy and make things people use.

Natural Resources – “Gifts of Nature” Natural Resources can be divided into two types: Renewable Non- renewable

Natural Resources can be divided into two types:

Renewable

Non- renewable

Renewable Resources Some natural resources can be reproduced within a few years or decades. These are called renewable resources . Trees, water, plants, and air are examples of renewable resources.

Some natural resources can be reproduced within a few years or decades. These are called renewable resources . Trees, water, plants, and air are examples of renewable resources.

Non-renewable Resources Underground minerals must be mined or dug up from the earth. Some of these minerals are gold, silver , salt , iron , diamonds , petroleum and coal. Oil, minerals, and soil take hundreds, thousands and even millions of years to be made. These are called non-renewable resources.

Underground minerals must be

mined or dug up from the earth.

Some of these minerals are gold, silver , salt , iron , diamonds , petroleum and coal.

Oil, minerals, and soil take hundreds, thousands and even millions of years to be made. These are called non-renewable resources.

Finished Products apple tree apple pie TO Natural Resources are used in the production of goods and services. Some examples are: Apples are used to make apple pies. Gold is used to make jewelry. Oil is used to make plastic products such as toys.

Goods and Services Strong economies depend on being able to trade goods and services. Natural resources provide the materials to create the finished products and services. Therefore, countries that have lots of natural resources are more likely to have a strong economy..

Strong economies depend on being able to trade goods and services.

Natural resources provide the materials to create the finished products and services.

Therefore, countries that have lots of natural resources are more likely to have a strong economy..