natural resource

  

Definition

Asset or material that constitutes the natural capital of a nation. Natural resources require application of capital and human resources (mental and physical labor) to be exploited (extracted, processed, refined) for the realization of their economic value.

Use natural resource in a sentence

  • Due to the recent fear of natural resources becoming scarce, such as oil, many consumers have turned to buying economically friendly vehicles.

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  • Although coal has historically been used to heat most homes, the fact that it is a limited natural resource may make solar power a better option in the near future.

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  • Certain countries are loaded with a vast amount of a natural resource that will allow them to make a lot of money.

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