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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 Technocracy Movement (TTM), the Venus Project (TVP) and the Zeitgeist Movement (TZM) use the term resource-based economy (RBE) (or post scarcity) to mean a holistic global system in which all resources become the common heritage of all the inhabitants of the planet. According to TTM, TVP and TZM, an RBE is a classless, moneyless, and stateless global system in which money, debt, credit, exchange, barter, wage labor (or any other system of servitude), private property and the profit motive would, according to TTM, TVP and TZM, serve no purpose and food, goods and services, etc., would be provided free of charge. In an RBE, according to TTM, TVP and TZM, resources would be managed as efficiently and carefully as possible through focusing on the technological potential of sustainable development. According to TTM, TVP and TZM, the premise upon which RBE is based is that the intelligent application of highly advanced science and technology has enabled an Earth that is now, according to TTM, TVP and TZM, abundant with plentiful resources, enabling, according to TTM, TVP and TZM, a high standard of living for all of the Earth's inhabitants.

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. ^ "The Zeitgeist Movement: Envisioning A Sustainable Future". Huffington Post. Mar 16, 2010. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
7. ^ "Resource Based Economy". The Venus Project.
8. "They've Seen the Future and Dislike the Present". New York Times. 2009-03-16.
9. A dream worth having, Rhonda Swan, The Palm Beach Post, April 30, 2009
10. Translation from Hebrew to English of Imagine, original Hebrew article by Tzaela Kotler, Globes (Israel), March 18, 2010.
11. Translation from Hebrew to English of The Filmmaker Who Helped Recruit Millions for the Global Protests of the Bottom 99%, original Hebrew article by Asher Schechter, TheMarker (Israel), January 19, 2012.
12. Accounting For Nature: Moving Toward Resource-Based Economics, by the Technocracy Movement. Retrieved March-25, 2012
13. Technate Design - An idea for now, by the Technocracy Movement. Retrieved March-25, 2012. Proposes moving toward Resource-Based Economics by objectively analyzing and applying the scientific method to the socio-economic structure, instead of the outmoded monetary structure, or price system.

• Economics