Resource distribution refers the geographical distribution of resources. These resources are finite and limitless. If the distribution of these resources is not equal, it can lead into conflict. People rely on natural resources to provide food, fuel and shelter. Conflict and other human problems can be caused by inequal distributions of these resources.
Natural resources are essential for human survival.
Natural resources are the raw materials used by humans for their daily needs. These resources include water, soil and fossil fuels. These resources are used by people to make everything, food, fuel, clothing and even clothes. They also use these materials to build houses, produce electricity, and create raw materials for their industries.
The continued flow of natural resources is vital for the human economy. These resources include forests, arable land, and fossil fuels. These resources can be replenished, but overexploitation can cause depletion. This can lead to lower quality life for future generations.
Natural resources are finite
Natural resources refer to factors of production, whose sources are found in nature. These factors are often shared and are freely available. Natural resources can be described as water, air and land. Some of these resources can be shared, but not all. Some of them are shared, such forests or rivers.
Natural resources are finite. They cannot be created or renewed in a laboratory. Although the effective amount of resources can change over time, it is not possible to increase or decrease their number. Therefore, there will be a finite supply of any given resource at some point.
They are inexhaustible
The 'cheapest first' rule says that deposits with the lowest extraction costs should be exploited first. As the cheapest deposits become less valuable, the cost to extract a resource unit should rise. Hotelling's d% rule predicts that the cost of extracting a resource will rise.
Harold Hotelling was the first to propose the theory of exhaustibility. He observed that we have a declining stock due to our increasing dependence upon finite resources. We must first understand the concept of finiteness in order to understand his meaning. A finite resource stock can be described by three factors: the extract rate, the replenishment rates, and the total. An increasing rate of extraction will deplete a resource over a relatively short time.
Unequal distribution of resources can lead to conflict
The inequal distribution of natural resource has been a source for conflict over the years. Fairer trade in resources would foster a peaceful world. Unfortunately, the current approaches to resource trade lack sufficient. These trade agreements don't address the root causes of conflict. The conflict potential is therefore high.
The complex relationship between inequalities and conflict is hard to identify. While some studies focus on inequalities among individuals, others examine inequalities among groups based upon religion, ethnicity or other differences. Yet, there is no denying that certain forms of inequality are more important then others. Inequal resources distribution can lead to conflicts within communities as well as between countries and cultural groups.