Economic Implications of Natural Resource Depletion

Natural resources help in sustaining life on Planet Earth. Air, water and sunshine are all natural resources that keep life going on earth. We need oxygen present in the air to breathe. If we do not have air to breathe, we will perish. Similarly, water is a natural resource that life on earth depends upon. If there is no water to drink, we will die. Humans need water for many other purposes. Water bodies are also habitats for aquatic creatures like fishes.

Land and all life forms are also naturally occurring. Plants, all kinds of vegetation and forests are also natural resources. Forests are habitats for a large number of wildlife species. Forests are also vital to maintain the hydrological cycle on earth.

We depend on plants for our food. All herbivorous creatures also depend on plants for their food. Plants also give out oxygen that we depend on to live.

All life forms need sunlight for their survival. Plants require sunlight for carrying out photosynthesis.
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