Natural resources are the backbone of modern manufacturing, necessary to produce everything around us.
According to 2021 data from Statista, 10 countries dominate the global natural resource landscape, each holding vast reserves critical for various industries.
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Too bad we have a government in Canada that hates our natural resource sector. Who needs it when you can have a service economy with countless, useless government and white collar jobs? Haha
I had the idea that the natural resources sector was very strong in Canada, especially uranium. I also thought the US had uranium, apparently it comes from Canada!
edit: @grayruby/
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Canada is very rich in natural resources but our government makes it as difficult as possible for the sector to operate while living off the spoils.
Russia has a lot, but half of it is under the tundra which makes it hard to get to.
Interesting. Does this rank actual production or does it include reserves? Because I would have thought that oil would be something the U.S. also has quite a lot of
I assume these are estimated reserves.
Either way, the US has lots of oil.
I also found it strange that it didn't appear on the graph. Is it because it's smaller than the others? (Coal, timber, natural gas, gold, copper)
Without looking into the actual numbers, it strikes me as utterly implausible that US oil is less valuable than copper, gold, or timber. I also doubt it's lower than natural gas or coal, but that might depend on how they're counting reserves.
Russia definitely has a beautiful mother nature portfolio. When you leave Moscow and pass all the graffiti in about 10 minutes by train you are in the middle of beautiful forests.
The US really has much natural beauty and resources as well.
Canada is really very fortunate by having a small population and vast natural resources.