Importance of Natural Resources essay

Importance of Natural Resources essay Importance of Natural Resources essay Importance of Natural Resources essayNatural resources were historically an important condition of the successful development of countries. The disparity in the access to natural resources predetermined, to a significant extent, the socioeconomic disparity in the development of Northern countries and Southern ones. In fact, the economic and technological development of countries and the difference in their development was driven by the availability of natural resources, which stimulated the development of technology and, therefore, economic progress of those communities and countries, which benefited from the available natural resources and the backwardness of those countries and communities, which lacked natural resources. Even though today the process of globalization makes natural resources available worldwide, but the world economy still depends on natural resources and those countries, which have access to natural resources, especially fossil fuels, such as oil and gas, can keep progressing fast, while those, which have limited opportunities to use natural resources are doomed to backwardness.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Historically, natural resources played the role of the main driver of the economic development of nations (Deudney Flavin 114). For example, coal mining and the availability of iron to Great Britain allowed the country to become one of the leaders in the world economy and conduct its industrial revolution successfully. Similarly the availability of natural resources became the major condition of the successful economic and technological development of other powers, including the US, France, Germany and others (Kraft Kameniecky 158).At the same time, the significant role of natural resources as the major driver of the economic development becomes obvious, when the availability of natural resources, their use and historical socioeconomic and technological development of countries is compared. In this regard, the disparity b etween North and South is particularly obvious (McCormick 214). For example, early civilizations emerged in Northern hemisphere of the world basically due to the availability of natural resources, such as iron ore, for example, which allowed people to start making first tools as well as weapon. At this point, it is worth mentioning early civilizations in Egypt, Mesopotamia, Greece, India and China, which were all located in Northern hemisphere due to the available natural resources, such as iron ores (Best 664). For example, the beginning of the early production of bronze boosted the technological and economic development of those civilizations. The further introduction of iron, steel and other materials based on the use of natural resources accelerated their economic and technological development even more. Moreover, even the early settlement of people were determined by their natural environment and availability of natural resources, such as water and fertile soil, which people us ed for their regular life and basic needs.In the course of time, the role of natural resources increased even more because they became essential for the economic development of nations and fast technological progress (Lewis 245). At this point, it is possible to return to the time of the industrial revolution once again since the industrial revolution would be impossible without rich natural resources available to leading nations, such as Great Britain, France, Germany and the US (McCormick 148). The availability of such natural resources as coal and iron ore allowed them to boost their industrial production and develop transportation system, which, in its turn, accelerated trade within those countries as well as between those countries. At the same time, the rest of the world that had limited access to natural resources remained under-developed and suffered from technological and economic backwardness.The role of natural resources as the major driver of the economic and technologic al development became even more evident in the 20th century, when the traditional major powers, such as Great Britain, the US and others faced the tightening competition from the part of emerging economies of Southeast Asia (Kassman 149). In fact, the successful economic and technological development became possible due to the process of accelerated industrialization with the further transition to scientific, knowledge-based industries. The economic development of nations was therefore determined by the use of natural resources.In this respect, it is possible to refer to the level of the energy consumption in the world in the 20th century as well as today. The energy consumption is the major indicator of the level of economic and technological development of nations (Best 665). So far, the most developed nations have the highest level of the energy consumption, although they are trying to do their best to reduce this level to protect their environment and focus on the sustainable de velopment (McCormick 124). However, the energy is still an essential condition of the successful economic and technological development as well as it is an essential condition of the maintenance of the competitive position of nations in the global economy.At the same time, the lion share of energy in the world is generated by means of using natural resources, especially fossil fuels, like oil and gas. The share of renewable or alternative sources of energy is still low, whereas the major source of energy remains to be fossil fuels (McCormick 195). The availability of fossil fuels becomes the major factor that determines the competitive position of nations in the global economy. At this point, it is possible to refer to the crisis of the mid-1970s, which was triggered by the refusal of the Middle Eastern countries to sell oil at the low price (McCormick 202). This energy war resulted in a profound downturn in the economic development of the US and other well-developed nations. Today, the dependence of nations on fossil fuels is still very significant.On the other hand, the availability of oil and natural gas allow countries to boost their economic development, even if they are mere exporters of natural resources. At this point, it is possible to refer to countries of the Persian Gulf region, which used to be poor, under-developed nations, while today, they have become prosperous, technologically advanced nations that play an important part in the global economy. Their progress was the result of the oil export, which boosted their development and allowed them to increase their role in the world economy since they become the major suppliers of oil to the global market (McCormick 215). At any rate, decisions taken by Saudi Arabia and other oil exporting countries located in the Persian Gulf have a considerable impact on the oil price and situation in the global economy because oil is still the major source of energy, which is required for the fast economic develop ment and maintenance of stable functioning of well-developed economies. In such a way, the oil production and consumption has become the major driver of the economic development in the second half of the 20th century and still remains today. Hence, oil is one of the most valuable natural resources today, which is essential for the normal existence of the modern civilization because without oil the current level of the energy production would be impossible, while the modern civilization will not survive without the high level of the energy production at the moment.On the other hand, oil is just an example of the great significance of natural resources in the economic development of nations. The consumption of natural resources have become a norm that leads to the destructive impact of human economic activities as well as regular, everyday life activities on their environment (McCormick 156). For example, the consumption of timber has triggered the deforestation of many regions of the world that raises the problem of the threat to the natural environment. In addition, the use of natural resources leads to the pollution of the environment but the real problem of the modern world is the dilemma which virtually all countries face. On the one hand, they need natural resources to boost their economic and technological development, whereas, on the other hand, the use of natural resources leads to the further deterioration of the environmental situation.Thus, today, nations need to develop new policies oriented on the wise and effective use of natural resources. However, what proves to be beyond a doubt is the great role of natural resources in the development of nations. Historically, naturally resources played the key part in the economic and technological development of countries and today they still play the crucial part in the development of nations because they determine the competitive position of nations in the global economy.

Joural 4 Essay Example | Topics and Well Written Essays - 750 words

Joural 4 - Essay Example This film is a black feature film consisting of a vast cast. The main character is of Zeke (Daniel L. Haynes) and Chick, (Nina McKinney). The most important feature of this film lies on the fact that it consists of the first American African cast showing few element of prejudice against blacks that they are uneducated, and unethical individuals, but the narration of the film supersedes these negative features because the cinematography and music was widely appreciated by all. As it was first African American film, it posed as a risky release and thus, it was not made to release in all the states though the main motive behind Vidor’s creation was to instill awareness among youth and reduce the stereotyped mindsets regarding blacks. This film was included in National Film Preservation Board in 2008. â€Å"Hellelujah† was musical which Vidor directed. The film had significant features of black entertainment that represented the low classes of Blacks of that era. In terms of visual aspects, it was portrayed remarkably as Vidor experimented in the film; it was screened in Tennessee and Arkansas, where there was no interruption from new formed sound engineers at that time. There were other amazing attributes in the film; for instance, camera fluidity that showed through the sequences in the film, they was a first shot, and then the sound was added in the sequence. Moreover, though in that era, it was difficult to retain shots but Vidor was able to depict soft images of fields, the sequence of church meeting and the scene of the swamps were all portrayed beautifully. These scenes of cotton processing where there were paddle wheel sequences have a profound impact on the audience. It also has some kind of documentary feel to the film even though it has a narrative story line. The Actress, Nina Mae Mckinnney’s role is carried out with perfection even though she was very young, about 16 years old at that time when the

Corporate Financial Information Analysis Essay Example | Topics and Well Written Essays - 4500 words

Corporate Financial Information Analysis - Essay Example In simple words almost all have their own strategies to survive the downturn and afloat their businesses. This report aims to offer an insight into the financial analysis of the two companies in the light of the credit crisis on the financial state of these companies. The past and current financial performances of any company are significant to shape up the future funding strategies of the respective organisation. Shareholders’ wealth creation is significant for any organisation. The impact of credit crisis on the creation of shareholders’ wealth of the two companies is analyzed in this report to make the analysis more judicious. Balfour Beatty and Redrow are two leading players in the housing development and infrastructure industry. Both of these companies are listed in FTSE 250 index. These two are taken up for financial analysis to detect the effect of financial downturn on the market. Balfour Beatty: This UK organisation is a renowned name in road infrastructure, electrical and mechanical engineering, support services and other disciplines (Balfour Beatty, n.d.). In the year 2009, the company ranked 19th among the international leagues table of contractors. Established in the year 1909, it is now one of the largest fixed rail infrastructures contracting company across the globe. The company handles infrastructure building, including civil and rail engineering for a wide range of products. Apart from UK, the organisation also focuses on asset management and capital projects in United States (Hoovers, 2010). In future, its strengths and well-developed strategy will help it to retain the respected position. Redrow is one of the leading property development organisations in UK. Imaginative design and quality customer service have been the key pillars of its operation (Redrow, 2010). At the time of financial downturn, the entire housing market of UK was in a very vulnerable

History of U.S. in 400 Words Essay Example for Free

History of U.S. in 400 Words Essay I am very proud of my country because it was formed on the foundation of freedom and has continued to support freedom for all of its citizens as well as helping to spread freedom throughout the world. First, America was founded by common people looking for a better way of life, one in which they were able to practice their religion and participate in how their settlements were governed. Committed to their beliefs, America endured eight years of war to gain their freedom. There were many hardships along the way: disease, starvation, and suffering; but we hung in there and eventually beat the British, the most powerful nation at that time. Then, we did something shocking; we made it a democracy, the first in the world. People thought it was crazy, this American experiment, but we proved it could work. Unfortunately there was a problem brewing – slavery! It ended up causing a great civil war, the North pitted against the South. We got through it and in the end the nation was reunited and freedom for all prevailed. Women still had some problems, though, and after nearly one hundred years of protesting they finally received the same rights as men as they got the right to vote. Our ideals of freedom were then tested outside our boundaries. We got involved in World War II as we helped to purge the world of the atrocities that the Nazis inflicted. We helped in the Korean and Vietnam Wars in their struggle for freedom and equality. After a long Cold War, we were successful in our efforts to get the Soviet Union to end communism and tear down the Berlin Wall. We also got involved in the First Gulf War as we worked to get the Iraqis out of Kuwait and restabilize the country. Then, on September 11, 2001, terrorists struck the World Trade Center, the Pentagon, and an airplane in route to Washington, D.C. and we again had to defend our freedom. We are continuing to help put an end to the senseless acts of terrorists along with teaching the people in Iraq and Afghanistan how to defend themselves against the Taliban. The United States of America is a world power, supporting the individual rights and freedom of people throughout the world. It stands for and supports liberty and justice for all, and that makes me incredibly proud.

Archetypes in Grendel Essays -- Grendel Essays

Consistent in literature throughout every era and culture, archetypes represent a recurring image, pattern, or motif mirroring a typical human experience.   An idea developed by Carl Jung, archetypes in literature exist as representations reflecting vital perceptions of the human psyche expressing the manner in which individuals experience the world.   Using Jung’s concept, writers of all epochs embeds archetypes in structures, characters, and images of their narratives.   John Gardner, in his novel Grendel, integrates several of Jung’s archetypes into his epic tale derived from the early story Beowulf.   Gardner associates Jung’s personas of the outcast, the shadow, and the mentor-pupil relationship through the identities of Grendel, the narrator of events, and the dragon.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The outcast, an identity relating to nearly every humanistic myth or story, represents the tragic creature Grendel. A giant beast with the intellectual equivalence of a human, Grendel lives nearly half his life before realizin...

Variable Costs

Assignment: Fixed cost Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed Costs, Variable Costs, and Break-Even Point Exercise 10. 1 Month Meals Served Total Costs July 3,500 $20,500Low August 4,000 22,600 September 4,200 23,350 October 4,600 24,500 November 4,700 25,000 December 4,900 26,000High In dealing with step 1-The difference in service volume between high-low periods is (4,900-3,500) 1,400 meals. In dealing with step 2-The difference in costs between the high-low period is ($26,000-20,500) $5,500. In dealing with step 3-The variable cost is now computed.The cost difference $5,500 is divided by the service volume of 1,400. The variable cost per unit of service is $3. 93. In dealing with step 4-Total variable costs are now computed. In the low time period the number of meals provided is 3,500. The service volume is then multiplied by the cost per unit of $3. 93. The total variable cost for the low month is $13,755. The same is done to figure the total variabl e costs for the high month 4,900 ? $3. 93 = $19,257. In dealing with step 5-Total fixed costs for the low period are now computed. The total program cost for the low month is $20,500.If the variable costs ($13,755) are subtracted from the total costs ($20,500) the remaining amount is the fixed cost at $6,745. If the same is done for the high month ($26,000 – 19,257) the fixed cost is $6,743. In dealing with step 6-The break-even point is ready to be inputed using the BEP formula and steps 1-5. The contracted service price with the City of Westchester for 45,000 meals is $5. 77. The variable costs per meal is $3. 93 per meal, but will earn $5. 77. The difference between the variable cost per meal and the revenue per meal is 5. 7X = 6745 + 3. 93X is $1. 84 per meal. This leaves 3,666 which is the monthly BEP. Then 3,666 ? 12 = 43,992 is the fiscal year BEP. The WHDM needs to provide 43,992 meals during the fiscal year to reach the BEP. The difference between the contracted meal s 45,000 and the BEP 43,992 is 1,008. The potential profit is 1,008 meals ? $1. 84 a total profit of $1,855. Exercise 10. 2 The newsletter yearly salary coordinator is $6,000 and the assistant total is $3,900 for both of $9,900 a fixed cost. The unit cost of preparing, printing and the mailing is $4. 0 for the period of six bimonthly issues is $4. 50 this is a variable cost. This newsletter is now $20 per annual yearly subscription. This information plus the BEP formula is used to add and complete the BEP. 20X = 9,900 + 4. 50X 15. 50X = 9,900 X = 639 In dealing with the BEP, I believe it will be 639. The new BEP is a acceptable solution because joined with the newsletter coordinator and with the corporation of handling up to the amount of 650 subscriber’s. There also is an amount of 11 subscribers that is able to subtracting the BEP Dora mckinney [email  protected] com

Analysis Of The Film Amandla Essay - 1180 Words

D’Shae Barnes Film Essay: Amandla! A Revolution in Four-Part Harmony The film, Amandla! A Revolution in Four-Part Harmony, showed how during the Apartheid, music in South Africa was a form of expression of the country’s general emotion that portrayed the oppression and struggle the black natives had to endure. Songs amongst the black South African community had different tones; for example, some songs depicted the injustices of the Apartheid amongst the black natives and others would be sung to uplift the people. Even though songs were sung as either beautiful melodies of hope and prayer or peaceful protests, they would still continue to upset the white community, specifically the government, which ordinarily resulted in violence. Music was applied throughout many aspects of black South African traditions and customs that it also played an important role of being a form of communication to alleviate the injustices brought upon them. In the beginning of the film, activist Sifiso Ntuli stated , â€Å"Song is something that we communicated with people who otherwise would not have understood where we were coming from. You could give them a long political speech and they would still not understand, but I tell you, when you finish that song people be like I know where you guys are coming from. Death unto Apartheid.† (Hirsch 2002). This statement emphasizes how powerful and pivotal music was to the salvation of the black South African community and how it enlightened those who wereShow MoreRelatedAnalysis Of The Film Amandla 1363 Words   |  6 Pages Amandela! Throughout the film Amandla! A Revolution in Four-Part Harmony, black South Africans began converting their historical roots in music into a fight for freedom. As these oppressed individuals struggled for racial equality during the twentieth century, music classified as freedom songs emerged as the fight against the inhumane Apartheid intensified. These freedom songs, which are performed and played throughout the film, protest white supremacy and segregation using a combination of inspiringRead MoreAnalysis Of Angie Thomass The Hate U Give786 Words   |  4 Pagesreflection of the changing times. It was a time of unapologetic, artistic expression and uncovered literary, political, intellectual, and creative icons. Almost a century later, a new generation guides in the next wave of innovative art. From Tv and film to music and literature, the same spirit that brought the Harlem Renaissance rises and manifests into new millennium activism. Among the society of new generation creative s is New York Times best-selling author Angie Thomas. Her debut novel, The Hate