Introduction: Regional Resources

Abstract

Natural resources are attributes found in nature such as coal, wilderness, water, soil, and air that can be used as factors of production. A resource is a means to an end. Although resources are plentiful, their distribution is spatially uneven in develo** and developed countries. Concomitantly, there is a contrast in the population and resource relationship in relation to regional levels of development. The explosion of population size and its resultant pressure on consumption and depletion of resources is a big question for development analysts and decision makers. Adverse relationships have led to loss of cultivated lands, deforestation, soil erosion, water shortage, groundwater depletion, ecological imbalance, pollution hazards, deterioration of water quality, and environmental degradation. This disparity impacts the gross national product as many governments do not take into account the loss of resources in the measurement of development, thereby inflating the sum of goods and services produced in the economy. Further, resource analysts have advocated an increase in wealth per capita over time to maintain intergenerational social well-being.