Natural Resources Essay -- Environment, Renewable, Non-renewable

Introduction Natural resources are the elements that are found naturally and useful. Natural resources include fuels, oil, natural gas, materials and timber. Natural resources could be renewable or non-renewable. Renewable are those resources that are substituted in nature e.g. animals plants and forests. Non-renewable are those resources that exist in set/limited/calculated amounts e.g. fossil fuels, coal etc Discussion The Natural resources are playing a key role to support and enhance the economy. As far as the Brazil concern, It is rich in natural resources and the new discovery(s) further fueling its growth and development towards the prosperous economy and future. Brazil is rich in the following natural resources such as: Metal Products, Fertilizer, Petrochemicals, Pharmaceuticals, Foodstuffs, Textiles, Iron and Steel, Chemicals, Consumer Goods, Plastics, Shipbuilding, Machinery, Vehicles, Clothing, Paper Products, Wood Products and Cement. In late 2007, on the southeastern coast of Brazil the world’s biggest deep-water oil field was discovered. According to the estimate, this oil field is rich with five billion to eight billion barrels of natural gas and crude oil. This discovery of Brazil is the buzzword among the major energy exporters, and has given development structure to their pre-expanding economy. Now the Brazilian currency is stronger (rising 34% against the dollar, 2009), investment is mounting (foreign direct investment was 30%, 2009) and both are now constructed upon a firm foundation. This healthy statistics is the evidence that natural resources play a major role in the development and economy impetus. It should be remembered that natural resources are the main catalyst to construct and distract the loc... ...nce of its economic stability because low unemployment rate is the indicator of improved GDP. Although, China is also projecting some good picture but it is not as much promising as the Brazil has. (Trading economics, 2010) Conclusion After discussing the China, USA, France and Brazilian Economy, one thing that is inevitable to be concluded as per topic is that, natural resources are the key catalyst and key driven of any economy. These resources are the catalyst to make the investment decision and to develop or not to develop the relation with different nations. In other words, these natural resources are the major player to shape the world and its multicultural economies. If these natural resources are financed, value added and developed properly, the prosperity and the economical sustainability is guaranteed as one can see the wealth of middle-east.