Economic Geography

Natural Resources
-Renewable resources will replace themselves over time
  example : soil, water, and forests

Nonrenewable Resources
-Nonrenewable resources are resources that will not replace themselves,
once they are used, they are GONE
  example : fossil fuels(oil, coal, natural gas), and metals(gold, iron, copper, and bauxite)

Human Resources
-Human resources : People and their minds
-Human resources are affected by level of education, skilled or unskilled labor, and if managerial or entrepreneurial abilities are needed

Capital Resources
-Capital resources are resources that can be used to make more of something, like money or tools
-Key features of capital are the availability of money for lending, the level of infrastructure, the availability and use of tools, machines, and technologies

Three levels of economic activity
-Primary Activities - dealing directly with natural resources
  example : fishing, farming, mining, and forestry
-Secondary Activities - manufacturing and processing of natural resources
  example : steel mills, automobile assembly, sawmills

3rd Level of Economic Activity
-Tertiary Activities - service industries
  example : transportation, retail trade, informational technology services

Energy resources and technology as they have changed over time
-wood - deforestation
-coal - pollution, mining problems, competition with oil and gas
-petroleum(oil, gas) - transportation and environmental considerations

Energy resources and technology as it has changed over time. cont.
-Nuclear - contamination, disposal of waste
-Solar or Wind - cost, aesthetics