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What is a naturaul resource in Africa?
Africa has large quantities of natural resources that include oil, diamonds, gold, cobalt, uranium, petroleum etc. Lot of the natural resources are still unexplored.
What is the chief natural resource of the Philippines?
The chief natural resource of the Philippines is timber, as the country boasts vast forests with a wide variety of tree species. Timber is crucial for the country's economy, providing jobs in logging, processing, and export industries. However, sustainable management of these resources is essential to prevent deforestation and ensure their long-term viability.
What are the major industries in Ecuador?
BananaPetroleumShrimpGoldother primary Agricultureproductspetroleumcut flowerscacaocoffeehempwoodfish
Why are forests one of Alberta's most valuable resource?
Forests are one of Alberta's most valuable resources because Alberta relies heavily on its oil and lumber industry to support its economy. Because Alberta is so rich in forests, it is able to export most of the lumber it produces to the rest of North America and the world, and therefore make a lot of money.
Why is timber an important natural resource for export by Canadian buisnesses?
Timber is a vital natural resource for Canadian businesses due to the country's vast forested areas, which provide a sustainable supply of high-quality wood products. The forestry industry significantly contributes to the economy, generating employment and supporting rural communities. Additionally, Canada is a leading exporter of timber, meeting global demand for construction materials, paper products, and renewable energy sources, thereby enhancing trade relations and economic growth. The sustainable management practices employed in Canadian forestry also position the country as a responsible supplier in the international market.
Why do they export wood or timber?
if a country has a natural resource that is valuable to private enterprise they usually export it, whatever it is.
What is Venezuelas most important export?
sugar
Oil is Alaska's most valuable natural resource The area includes?
Production in the North Slope and delivery by pipeline to the Port of Valdez for export to refineries.
What natural resource has become Azerbaijan's leading export?
oil
What is Jordan's primary natural resource export?
Potash and phosphates, fruits and vegetables.
What natural resource does the middle east export more anywhere else?
Oil.
What is export dependency?
Depending on just one export for income, usually a natural resource such as copper, oil or tropical fruits.
What is primacy export dependency?
Depending on just one export for income, usually a natural resource such as copper, oil or tropical fruits.
What are two natural resources of Chile?
The most important natural resource is copper. It ranks as its biggest export. In non economic terms, the greatest resource is its people.
What natural resource is drilled for in Iraq?
Oil is the primary natural resource drilled for in Iraq. The country has significant oil reserves, which are a critical component of its economy and export revenue.
Which items did US export in the late 19th century?
Cotton represented a majority of American export to china and the rest of the world. For such a valuable resource many people were caught in a crossfire of financial greed. Just as silk proved the most valuable to china, cotton proved the most valuable to America.
What natural resource is abundant in North Africa and southwest Asia region?
The natural resource abundant in North Africa and Southwest Asia is petroleum, commonly known as oil. This region contains some of the world's largest oil reserves, particularly in countries like Saudi Arabia, Iraq, and Libya. The extraction and export of oil have significantly shaped the economies and geopolitics of these countries. Additionally, natural gas is also a valuable resource in this area.
