What are good natural resources for a country?

1. Water. Like soil, water is one of the most important natural resources for the existence of life.
2. Soil.
3. Timber.
4. Salt.
5. Oil.
6. Natural Gas.
7. Coal.
8. Iron.

What are the richest natural resources?

calculated the total value of the proved reserves of 10 of the most valuable resources, by country. They include oil, natural gas, coal, timber, gold, silver, copper, uranium, iron ore and phosphate.

What are the 4 natural resources that made America rich?

The United States and Canada have a rich supply of mineral, energy, and forest resources. The U.S. has abundant supplies of coal, copper, lead, iron, natural gas, timber, bauxite, and uranium.

Is India rich in natural resources?

India has an abundance of mineral deposits. The country is the second-largest producer of steel; the third-largest producer of coal; the fourth-largest producer of iron and has the fifth-largest bauxite reserves in the world. Overall, India produces over ninety different types of minerals.

Is America resource rich?

The United States is blessed with an affluence of both renewable and non-renewable natural resources. It has a large land mass unencumbered by enemy borders, abundant deposits of fossil fuel, and thousands of miles of coastline. It also is blessed with much fertile agricultural land and many freshwater sources.

What is America’s most valuable resource?

Oil, Coal, and Gas. America has the world’s largest reserves of coal, at 491 billion short tons or 27\% of the total. 6 This abundant source of energy helped fuel U.S. growth during the Industrial Revolution.

What are Canada’s resources?

Canada has long ranked among the world leaders in the production of uranium, zinc, nickel, potash, asbestos, sulfur, cadmium, and titanium. It is also a major producer of iron ore, coal, petroleum, gold, copper, silver, lead, and a number of ferroalloys.

Is India rich in gold?

India has gold reserves worth $33.9 billion as of June….These are the 20 countries with the highest gold reserves.