Consuming Resources

Classifying resources

• Natural resources (found in the natural world that we can use)
• Human resources (the skills of a popualtion in a society)
• Material or capital resources (resources that are already in the country)

Availbility

• Non-renewable resources - like coal, oil or diamond - can not be remade, because it would take millions of years for them to form again.
• Sustainable resources - like wood - can be deliberately renewed. They can be managed and usable not but also in the future.
• Renewable resources - like solar power or wind power - renew themselves, and do not need to be managed.

Oil

Uses of oil include:

• Car fuels
• Powering factories
• Plastic
• Cosmetics
• Power: electricity
• Medicines
• Perfume
• Paint
• Fabric

Consumpsion of oil over the past 40 years:

• Consumption has rapidly increased
• In 2005, world consumption was 87 million barrels per day
• In 1965, world consumption was 30 million barrels per day
• In 40 years, the world consumption rates has grown over 3 times as much
• Asia…