Resource Security Flashcards
(179 cards)
resource
any aspect of the natural environment that can be used to meet human needs.
they have economic value and so can improve a country’s wealth or economic development.
they are unevenly distributed around the world, this results in trade.
flow
a synonym for renewable resources.
renewable
Know as infinite. Have a natural rate of availability. Have a continuous yield which can be consumed at any time without endangering future consumption
stock
a synonym for non-renewable resources
non-renewable
Known as finite. Have been built up over millions of years. They cannot be used without depleting the stock and they will eventually run out.
sustainable development
development that meets the needs of the present generation without compromising the needs of future generations
non-critical renewable
everlasting resources
critical renewable
sustainable energy resources that require careful management or else they will run out
primary energy
energy sources in raw form that are used to produce secondary energy resources
secondary energy
manufactured sources of power
resource security
the ability of a country to safeguard a reliable and sustainable flow of resources to maintain the living standards of the population while ensuring economic and social development
recyclable
the process of converting waste materials into new materials and objects. Recycling can prevent the waste potentially useful materials and reduce the consumption of fresh raw materials
what are the 3 steps of natural resource development
- exploration
- exploitation
- development
exploration
the process of searching and area to try and find, map and evaluate the size of natural resources
exploitation
the action of extracting and using natural resources to the fullest or most profitable use
development
the action of refining, distribution, marketing and sales of a resource
what factors decide whether to exploit a resource or not
quantity quality laws accessibility technology economic viability market price attitudes of people/ government environmental impact
development of a resource will only go ahead if it is…
economically viable
explain the 7 stages of non-renewable resource development
geological exploration (UPSTREAM) if successful and viable initial drilling and establish extraction infrastructure extraction storage and transport processing/ refining distribution to markets (DOWNSTREAM)
as of 2018 what % of global energy is supplied by fossil fuels
81%
name 5 examples of resource frontiers
Chad, Africa South Sudan, Africa Amazon rainforest, Brazil The Arctic Mongolia
resource frontier
a place with natural resources that are being exploited for the first time.
often very remote areas with technical difficulties and have environmental sensitivities
sometimes in politically unstable areas
they are developed as other resources are depleting
increased demand makes it economically viable
resource peak
when a stock resources reaches maximum production level. After this supply will decline and prices will rise
what is an example of a resource peak
peak oil