STAT 2000 Lecture Notes - Lecture 3: Environmental Degradation, Non-Renewable Resource
23 Feb 2017
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What are resources: resources: anything obtained from the environment to meet needs and wants of the individual, population or species, ex: food, water, space, air, soil, sunlight, minerals, etc, various ways to classify or categorize resources: Vital resources: necessary for sustaining basic life: ex: food, water, air. Essential resources are those deemed necessary for human life by the society that are beyond the vital resources: ex: energy (oil), farmland, trees, various minerals (iron, aluminum, etc. They are emotions or psychological (feelings): ex: beauty, love, solitude, aesthetics, etc. Perpetual resources are those which are essentially inexhaustible on a human time scale. The supply of these resources will not run-out": ex: solar energy, wind, air, etc. Non-renewable or exhaustible resources are those which exists in a fixed amount in various places in the earth"s crust. Economic depletion: cost of extraction > monetary profit.
