GEOLOGICAL

RESOURCES
&
ECONOMIC
DEVELOPMENT
What role do geological resources
play in shaping the economic
development of a region or
country?
GEOLOGICAL RESOURCES
Geological resources,
including (1) fossil fuels,
(2) minerals, (3)
renewable energy, and
(4) water resources, are
fundamental to economic
development.
GEOLOGICAL RESOURCES
These resources are utilized
for various purposes, such
as energy production,
industrial processes,
infrastructure development,
and technological
advancements.
GEOLOGICAL RESOURCES
While they contribute to
economic growth, it is
essential to consider their
environmental implications
and promote sustainable
practices to ensure long-term
socio-economic stability.
In what ways can the exploitation
of geological resources contribute
to the growth of a nation's GDP
(Gross Domestic Product)?
MINERALS
Minerals serve as raw
materials for various
industries, including
construction, manufacturing,
and technology. They are
essential for producing metals,
building materials, fertilizers,
and components for
electronic devices.
MINERALS
Access to abundant mineral
resources can stimulate
economic growth, promote
technological advancements,
and support infrastructure
development.
MINERALS
Mining activities associated
with mineral extraction can
generate employment
opportunities but may also
impact the environment and
local communities.
 Are there any potential
drawbacks or risks associated
with relying heavily on geological
resources for economic
development?
FOSSIL FUELS
Fossil fuels such as coal, oil,
and natural gas are major
sources of energy that power
industries and transportation
systems.
FOSSIL FUELS
They play a crucial role in
driving economic
development by fueling
manufacturing processes,
generating electricity, and
facilitating global trade. They
also contribute to job creation
and economic stability.
FOSSIL FUELS
However, their extraction and
use are often associated with
environmental challenges.
What measures or strategies can
be implemented to ensure the
sustainable and responsible
utilization of geological resources
for long-term economic
development?
RENEWABLE ENERGY
The development and
utilization of renewable energy
sources, such as solar, wind,
and hydropower, have
significant economic
implications.
RENEWABLE ENERGY
Investing in renewable energy
technologies can create jobs,
foster innovation, and reduce
dependence on fossil fuels. The
renewable energy sector offers
opportunities for economic
diversification, particularly in
regions with abundant
renewable resources.
RENEWABLE ENERGY
Transitioning to renewable
energy can contribute to
sustainability and mitigate the
impacts of climate change.
What are two things you could do
to reduce your daily water
usage?
WATER RESOURCES
Water resources play a vital
role in supporting agriculture,
industry, and domestic needs.
Access to reliable water
supplies is crucial for
economic activities, including
irrigation, manufacturing
processes, and energy
production.
WATER RESOURCES
In arid regions, the availability
of water resources can
determine the feasibility of
certain economic activities and
influence regional
development patterns.
WATER RESOURCES
Proper management of water
resources is essential to ensure
their sustainable use and
prevent conflicts over water
allocation.