Pakistan's natural resources range from natural gas reserves, vast land, coal, petroleum, copper, salt and iron ore among others. It has the second largest salt mines in the world, as well as world’s fifth largest gold mines. It is one of the largest producers of wheat in the world and is the seventh country in the world with nuclear power.Know More
Just like other developing economies, Pakistan pegs economic development on natural resources.
According to Pakistan Insider, Pakistan’s primary industries include (but are not limited to) textiles, pharmaceuticals, rice, cotton and sugarcane. The country exports textiles, sports goods, rice, rugs and chemicals just to mention a few.
In terms of natural resources, Pakistan is one of the richest countries in the world but also one of the poorest countries in terms of resource management, states World Times magazine. The country’s resources have not been properly managed partly due to corruption and other vices. Instability, political rivalry and ineffective law and order have also played a hand in poor management of resources in Pakistan. Despite its economic potential, Pakistan still relies heavily on foreign aid and debts to finance development. On the same note, the country faces serious trade deficit, water shortages and prevalent energy crises.Learn More
The natural resources of Spain are coal, lignite, iron ore, tungsten, uranium, zinc, copper, lead, mercury, fluorspar, kaolin, sepiolite, gypsum, magnesite, pyrites, hydropower, potash and arable land. Spain's arable land yields produce that includes cereal grains, vegetables, olives, citrus fruits, sugar beets, wine grapes, cotton, potatoes, legumes, mangoes, strawberries and tomatoes. Meat production, along with poultry raising and the processing of dairy products are also important agricultural activities in Spain, primarily for domestic consumption.Full Answer >
Austria's major natural resources are mineral deposits, such as iron ore, lignite and magnesite. The country is the leading producer of magnesite, a natural ore identified as magnesium carbonate found in sedimentary and igneous rocks. Other natural resources of the country are salt, tungsten, timber, copper and zinc.Full Answer >
The main natural resources of France are iron ore, salt, sulfur, bauxite, zinc, uranium, antimony, arsenic, potash, feldspar, fluorspar and gypsum. The country also has substantial amounts of renewable energy and is known for its extensive timber and fishing industries.Full Answer >
The nation of North Korea has a number of natural resources, including tungsten, zinc, graphite, magnesite, coal, iron ore, petroleum, gold, copper, pyrites, hydropower, fluorspar and salt. Most of these resources are dwindled or untapped because of poor government management and a failing economy that cannot make adequate use of them.Full Answer >