Resources & Commodities Global Geography 12

Resource Anything that is both naturally occurring and of use to humans – three types Natural Capital Human Commodity A good for which there is a demand What are some resources and commodities we have seen so far?

Supply usually cannot meet demand Natural Resources Defined as either as: Renewable or Non-Renewable Renewable Resource Can replace itself within a “relatively short” period of time. (Roughly 50 years: a human lifetime) Corn, Fish, Timber (Reproducible if harvested properly) Non-Renewable Resource Cannot replace itself within a human lifetime. Usually limited in supply Oil, Coal, Petroleum (Thousands of years to form naturally) Supply usually cannot meet demand

Natural Resource at work

What’s the issue?

Case Study Open to pg. 210 in the Global Connections Textbook: “There’s Something Unsound in the Woods of Canada” Read as a class and answer the following: Why is Linda Manzer upset about the way forest resources are being managed in Canada? What suggestions do you think she would make for better resource management in this industry?

Capital Resources Resources used to further the creation of wealth Factories Machinery Capital resources are anything that has to do with support of creation of wealth. Warehouses Structure Any size -as long as it supports creation of wealth Bottle of shampoo is a capital resource to a Hair Stylist

With the person next to you: Pick 5 jobs and list 3 capital resources for each job. (5 min) Be prepared to share.

Three traits of Healthy Human Resources People who inhabit a country Three traits of Healthy Human Resources Sufficient numbers to form a labour pool and domestic market for goods and services the country produces Level of health that enable productive work and raise a family Given opportunity for education and training which enables them to be a productive member of society

Tired of Equations? Consider this: Healthy Human Resources + Well developed natural and capital resources = Economic self sufficiency and high standard of living *When one part of the equation changes the result is altered

What affects Human Resources? Hunger! Here are some stats on hunger: 1.02 billion people do not have enough to eat - more than the populations of USA, Canada and the European Union; The number of undernourished people in the world increased by 75 million in 2007 and 40 million in 2008, largely due to higher food prices; 907 million people in developing countries alone are hungry; Asia and the Pacific region is home to over half the world’s population and nearly two thirds of the world’s hungry people; More than 60 percent of chronically hungry people are women; 65 percent of the world's hungry live in only seven countries: India, China, the Democratic Republic of Congo, Bangladesh, Indonesia, Pakistan and Ethiopia. Turn and talk for 3-5 minutes about the statistics listed above

Hunger Cycle Open to pg. 215 of the Global Connections Text Read the two paragraphs and examine figure 9.8 Do you agree with the possible effects of the hunger cycle? World Food Program Helps break hunger cycle

Consider Unit 3: Population Population Explosion and Industrial Revolution had circular cause and effect Developed technology that allowed us to exploit natural resources at a much faster rate than ever before. More people means more need of resources However, who really needs them?

Global Resources: Management and Competition All three major types of resources distributed unevenly around the world. Remember… Global Resources: Management and Competition

Next on the Agenda World Hunger Activity “Food Inc.” How bad is it? Reactions “Food Inc.” Focus shifts from global food distribution to local (North American) food distribution Lets contrast the fact that we have it so good here, yet we manage to make it worse.

Sources Global Connections Text http://www.wfp.org/hunger/stats