What Are The Five Most Important Natural Resources?

What is the most important resource for humans?

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Which resources are most important?

Top 11 Natural ResourcesWater. Like soil, water is one of the most important natural resources for the existence of life.Soil. … Timber. … Salt. … Oil. … Natural Gas. … Coal. … Iron. … More items…•

How natural resources are important?

Resources are important for the development of any country. For example, to generate energy, one need fossil fuels; and for industrial development, we require mineral resources. … Natural resources are getting scarce with the increasing population, so it is essential to conserve them.

Which mineral is rich in India?

India’s major mineral resources include Coal (4th largest reserves in the world), Iron ore, Manganese ore (7th largest reserve in the world as in 2013), Mica, Bauxite (5th largest reserve in the world as in 2013), Chromite, Natural gas, Diamonds, Limestone and Thorium.

What are the 5 resources?

List the Top 5 Natural ResourcesWater. ••• Without a doubt, water is the most abundant resource on the planet. … Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life. … Coal. ••• Coal is still the most efficient type of fuel for heat generation. … Forests. ••• … Iron. •••

What are the main natural resources of our nation?

Among mineral resources, iron ore (generally of high quality) and ferroalloys—notably manganese and chromite—are particularly abundant, and all are widely distributed over peninsular India. Other exploitable metallic minerals include copper, bauxite (the principal ore of aluminum), zinc, lead, gold, and silver.

What is the most scarce resource in the world?

The six natural resources most drained by our 7 billion peopleWater. Freshwater only makes 2.5% of the total volume of the world’s water, which is about 35 million km3. … Oil. The fear of reaching peak oil continues to haunt the oil industry. … Natural gas. … Phosphorus. … Coal. … Rare earth elements.

What is the most valuable resource in the world?

DataData is the most valuable resource on earth.

Why human resource is most important?

Building and maintaining company culture HR plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR.

Which country is rich in natural resources?

Total natural resources rents (% of GDP) – Country RankingRankCountryValue1Congo42.672Mongolia40.523Libya38.474Iraq37.98119 more rows•Dec 28, 2019

What are 20 natural resources?

Natural Resources by CountryBauxite.Coal.Copper.Diamonds.Gold Lead.Iron ore.Mineral sands.Natural gas.More items…

Which is the most important resource and why?

Human resource is considered to be the most significant resource of a country, which directly contributes to the countries economy with its productivity.