Resource distribution is a concept that describes the geographical occurrence of resources. Resource distribution is a concept that describes the geographical distribution of resources. Conflict can occur if they are not distributed equally. Humans rely on nature for their food, fuel, clothing and shelter. As a result, the uneven distribution of these resources can result in conflict and other human problems.
Natural resources are essential for human survival.
Natural resources are the raw materials or energy that humans use to meet their needs. These resources include water, soil, fossil fuels, plants, and even air. These resources can be used by human beings to make food, fuel, and clothing. They also use these resources to build houses, create electricity, and produce raw materials for industries.
The human economy depends on the continued inflow of natural resources. These resources include forest, fossil fuels, arable and other natural resources. While these resources can regenerate, over-exploitation may result in depletion of the remaining stocks. This could impact the quality of life and future generations.
Natural resources are finite
Natural resources can be described as factors of production. The sources of these natural resources come from nature. These resources are usually shared and are available for free. Water, air, land, and other natural resources are all examples. However, not all of these are free to use. Some of them, such as rivers and forests can be shared among all.
Natural resources are finite. This is because they cannot easily be replenished or created in a laboratory. Although resources can increase and decrease in number, they are not always available in an unlimited quantity. The result is that a finite number of resources will eventually become exhausted.
They are exhaustible
The 'cheapest first' rule says that deposits with the lowest extraction costs should be exploited first. The cost of extracting a single unit of resource should go up as the cheapest deposits fall. Hotelling's law of d-percent predicts that resource prices will rise.
Harold Hotelling proposed the theory that exhaustibility for the first time in 1931. He noticed that our increased dependence on finite resources has led to a decrease in stock. First, let's define finiteness to understand what he meant. A finite resource stock can be described by three factors: the extract rate, the replenishment rates, and the total. A resource will be depleted quickly if it is extracted at an increasing rate.
Conflict can result from an inequitable distribution of resources
Inequal distributions of natural resources have been a source of conflict in the past. Fairer trade in natural resources would promote a more peaceful and sustainable world. But the current approaches for resource trade are inadequate. These trade agreements are not designed to address the root causes and consequences of conflict. The conflict potential is therefore high.
The relationship between inequality, conflict, and other factors is complicated and hard to determine. Some studies have focused only on inequalities of individuals while others have focused more on inequalities of groups based in religion, race, gender, or any other characteristic. It is evident that certain types of inequality are more important than others. Unequal distribution of resources can cause conflict in individual communities and between countries or cultural groups.