Why is the location of natural resources important?
Why is the location of natural resources important?
Access to Resources
Some areas have more access to resources than others. For example, countries located near oil reserves have easier access to this resource compared to countries that need to import it. This can affect the economic development and stability of a region based on the availability of vital resources.
Population Distribution
Human populations are sometimes concentrated in areas that are lacking resources. This concentration can lead to overconsumption and strain on the available resources in that area. It can also create challenges in providing basic necessities to a large population living in resource-scarce regions.
Resource Trade
Areas with fewer resources may need to buy resources from other areas. In cases where a region lacks certain resources essential for survival or development, they may have to rely on importing these resources from other areas. This can impact the economy and trade relationships between regions.