5.6 Resource Management

Which statement best describes how the management of important natural resources affects trade and/or migration?

• Efficient resource management can lead to increased trade and immigration due to economic prosperity and job opportunities.

• Poor resource management often results in decreased trade and immigration as it leads to environmental degradation and economic instability.

• Unregulated resource extraction encourages sustainable trade and immigration practices by providing ample resources for economic expansion.

• None of the above.

What does the principle of equity in resource management and sustainability emphasize?

• Fair distribution of resources

• Unfair resource allocation

• Maximizing output from resources

• New trading relationships

What are immigrants often attracted to in countries with abundant natural resources?

• Poor management of resources

• Lack of job opportunities

• Opportunities for employment in resource-related industries

• None of the above

Using both texts, which of the following states an analysis about the impact of the management of key natural resources and the effect on people and the environment?

• Failure to manage key resources can lead to economic loss and put people at risk for survival; however, offering people ways to successfully manage resources can create growth and improve living conditions.

• Most natural resources in the world have been well-managed, leading to environmental development and improvement in human living conditions; furthermore, poor resource management is easy to fix.

• In many countries around the world, successful management of natural resources has led to lower standards of living as efforts have been directed at improving the natural environment rather than bettering human lives.

• Conservation efforts, while important for improving human quality of life, have generally failed to improve the resilience of natural environments, which have been permanently destroyed through resource mismanagement.

Explain how scarcity and/or abundance can affect trade patterns and/or economic development in world regions.