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.
natural resource is in the Economics, Politics, & Society and Industries, Manufacturing, & Technology subjects.
natural resource appears in the definitions of the following terms:
capital resource,
proper resource pricing,
wasting asset,
entrepreneurship,
environmental capital,
wealth,
gross domestic product (GDP),
North American Free Trade Agreement (NAFTA),
quality of life,
royalty
and
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