World Resources Resources n Capital Resources money machines

World Resources

Resources n Capital Resources money, machines, and equipment used to produce goods and services.

Resources n Human Resources – all human labor that is required to produce something • Factory workers; farmers; etc.

Resources n Natural Resources materials in natural environment that people value and use to satisfy their needs. • Ex: Water, gold, soil, uranium

Resources n Renewable Resources - natural resources that are constantly replaced by the environment. • Ex: soil, water, trees

Resources n Nonrenewable Resources - natural resources that can not be replaced once it is used. • Ex: Gold, copper, uranium, oil

Resources n Fossil Fuels resources formed from the remains of ancient plants and animals. • Ex: Coal, oil, natural gas.

Energy n Nuclear Energy Produced by fission (the splitting of uranium atoms in a nuclear reactor to release their stored energy)

Energy n Water Power – Hydroelectricity; using power of driven or fallen water to power turbines which produce electricity. • Ex: Dams

Energy n Geothermal Energy using underground heat… magma heats underground water which creates steam on the surface that is captured by the surface machines then transmitted through power lines.

Energy n Solar energy Energy that is produced by the sun using large solar panels.