Resources and Economic Development (Grade 11 NSC Matric Geography): Flashcards
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Definition of resources
Definition of resources
Things people use to meet needs & improve their lives
Economic development meaning
Economic development meaning
How societies grow and become more prosperous over time
4 key types of natural resources
4 key types of natural resources
Minerals, energy sources, fertile soils, fresh water
Global resource distribution pattern
Global resource distribution pattern
Not spread evenly; some countries abundant, others have few
Southern Africa's main mineral resources
Southern Africa's main mineral resources
Gold and diamonds
Developed regions' main exports
Developed regions' main exports
Manufactured goods
Africa & Middle East's main exports
Africa & Middle East's main exports
Raw materials and primary products
Price of manufactured vs raw materials
Price of manufactured vs raw materials
Manufactured products sell for much higher prices
Problem with exporting raw materials
Problem with exporting raw materials
Sell for lower prices, create fewer & less skilled jobs
4 needs to break resource dependency
4 needs to break resource dependency
Education, technology, infrastructure, stable politics