Misplaced Pages

Resource-based economy

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

This is an old revision of this page, as edited by The Banner (talk | contribs) at 18:03, 24 March 2012 (minor tweaks). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 18:03, 24 March 2012 by The Banner (talk | contribs) (minor tweaks)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

A resource-based economy is a term used for the economy of a country whose gross national product or gross domestic product to a large extent comes from natural resources.

For example Suriname, is depending on the export of Bauxite, which accounts for more than 15% of GDP and 70% of export earnings. Russian export is for more than 80% based on oil, natural gas, metals and timber. Norway depends on the export of oil and gas, that forms 45% of total exports and constitute more than 20% of the GDP.

Alternative use

The term resource-based economy or Post scarcity is also used for an economic theory/ideology, in which things such as goods, services and information are free. The use of the term in that context is coined by Jacque Fresco, a philosopher and futurist. Fresco has used the term since 1975 in relation to The Venus Project, in Venus, Florida. The related The Zeitgeist Movement also uses the term resource-based economy.

References

  1. Twaddell, Hannah (2007). Best practices to enhance the transportation-land use connection in the rural United States. Retrieved 13-3-2012. {{cite book}}: Check date values in: |accessdate= (help) p.26
  2. Technate Design - An idea for now.
  3. CIA - World Factbook Suriname
  4. Ellman, Michael (2006). Russia's oil and natural gas: bonanza or curse?. Retrieved 13-3-2012. {{cite book}}: Check date values in: |accessdate= (help) p.191
  5. OECD Environmental Performance Reviews OECD Environmental Performance Reviews: Norway 2011. 2011. Retrieved 13-3-2012. {{cite book}}: Check date values in: |accessdate= (help) p.60
  6. "Resource Based Economy". The Venus Project.
Category: