answersLogoWhite

0

Oil is a high demand resource that is in limited supply. The reason that oil is high in demand is that it's a versatile resource, which can be used to make many things e.g. Fuels, plastics, cosmetics and lubricants.

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Earth Science

Is salt a limited resource?

No, salt is not a limited resource. It is found abundantly in oceans and salt mines around the world. Production and extraction methods ensure a steady supply of salt for various purposes.


What is limited resource?

. Fossil fuels(such as coal, petroleum, and natural gas


Is a resource that is too expensive to extract said to be economically depleted or limited?

A resource that is too expensive to extract is considered economically limited rather than economically depleted. Economic depletion refers to a situation where a resource has been extracted to the point where it is no longer economically feasible to continue extraction. Economic limitation, on the other hand, implies that the resource still exists but is not economically viable to extract at current market conditions.


What statement best summarizes resource distribution on earth?

Resource distribution on Earth is unequal, with some regions having abundant natural resources while others face scarcity. This disparity in resource availability can lead to economic imbalances, geopolitical tensions, and environmental degradation as countries compete for limited resources. Sustainable resource management and equitable distribution are important for ensuring global stability and well-being.


A regular amount of a renewable resource that can be harvested without reducing the future supply is called what?

The regular amount of a renewable resource that can be harvested without reducing the future supply is called the sustainable yield. It represents the level of extraction that can be carried out indefinitely without depleting the resource. Maintaining a sustainable yield helps ensure the long-term availability of the resource.

Related Questions

What is a 2 word for a needed resource that is limited in supply?

Quantified Effort


What economic resource was is short supply and needed for the Jamestown planters to grow tobacco?

Natural resource.


Is there a limited supply of coal?

Yes, coal is a finite resource that is nonrenewable. This means that there is a limited supply of coal in the earth's crust, and it is being depleted as it is extracted and used.


Is tidal limited or unlimited supply?

Tidal energy is a renewable energy resource. This means that it will not run out.


Is salt a limited resource?

No, salt is not a limited resource. It is found abundantly in oceans and salt mines around the world. Production and extraction methods ensure a steady supply of salt for various purposes.


What is the abbreviation for Resource?

RES is the abbreviation for resource. A resource is a source of supply, support, or aid, especially one that can be readily drawn upon when needed.


What is limited resource?

. Fossil fuels(such as coal, petroleum, and natural gas


Is aluminium ore a limited resource?

Bauxite is the main ore from which we get aluminum [aluminium], and of course it is limited. It happens to be relatively abundant, but it is limited nonetheless. All mineral resources are limited.


If petrol was in limited supply what would be the vehicle that needed the petrol the most?

if petrol was in short supply then emergancy services would be the vehicle that needed it most eg the police, ambulance and fire brigade


What part of speech is the word resource?

The word "resource" can function as both a noun and a verb. As a noun, it refers to a supply or reserve that can be drawn upon when needed. As a verb, it means to provide with resources or to allocate resources.


Why is fresh water considered a limited resource?

The reason why fresh water is considered a limited resource is because the large majority of water on earth is saltwater. 97 percent of the earth's water supply is saltwater and only 2.5 percent is fresh water, some of which is snow and ice.


Define limited resource of energy?

Limited resource such as petroleum and coal, once used then it is gone.