Best answer: What are the natural resources of the state Philippines?

The natural resources of the Philippines include copper, timber, nickel, petroleum, silver, gold, cobalt, and salt.

What are the main source of natural resources here in the Philippines?

The Philippines has a bounty of minerals, cropland, timber, and coastal and marine resources. These natural resources make up an estimated 19% of the nation’s wealth, contributing to the country’s consistent GDP growth.

What are the natural resources found in our country?

Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well. Natural resources are used to make food, fuel and raw materials for the production of goods.

What are the uses of natural resources in the Philippines?

Natural resources play a critical role in the Philippine economy, as agriculture, fisheries, and forestry represent about 10 percent of gross domestic product and account for almost 30 percent of employment.

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Is Philippines full of resources?

The Philippines is a country rich in natural resources, such as minerals, agricultural land and fisheries, but this wealth is threatened by fast economic growth, rapid urbanisation and climate change. Evidence-based decision making can help balance the need for economic growth with sustainable resource management.

What are the 5 natural resources in the Philippines?

The natural resources of the Philippines include copper, timber, nickel, petroleum, silver, gold, cobalt, and salt.

What are the different mineral resources in the Philippines?

Most of the country’s metallic minerals, including gold, iron ore, lead, zinc, chromite, and copper, are drawn from major deposits on the islands of Luzon and Mindanao. Smaller deposits of silver, nickel, mercury, molybdenum, cadmium, and manganese occur in several other locations.

What are the 5 most important natural resources?

List the Top 5 Natural Resources

  • Water. ••• Without a doubt, water is the most abundant resource on the planet. …
  • Oil. ••• Oil is one of the most valuable natural resources in the world, and one of the most essential to our modern way of life. …
  • Coal. ••• …
  • Forests. ••• …
  • Iron. •••

What are the 10 natural resources?

Top 10+ Natural Resources in the World

  • Water. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater. …
  • Air. Clean air is necessary for the existence of life on this planet. …
  • Coal. Coal is estimated to be able to last less than 200 more years. …
  • Oil. …
  • Natural gas. …
  • Phosphorus. …
  • Bauxite. …
  • Copper.
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Why is the Philippines rich in mineral resources?

The Philippines is blessed with metal and mineral deposits due to its geology. The islands are on the top of underwater mountains that were formed due to the molten rocks from the interior of the earth, which created the ideal setting of a variety of valuable minerals.

What happened to the natural resources of the Philippines?

The incessant exploitation of natural resources in the Philippines is crippling the country’s rainforest and biodiversity as well as robbing indigenous people of their livelihoods. … Illegal logging, slash and burn practices and mining are eroding the region’s rich biodiversity.

What are the examples of renewable resources found in the Philippines?

The Philippines utilizes renewable energy sources including hydropower, geothermal and solar energy, wind power and biomass resources. In 2013, these sources contributed 19,903 GWh of electrical energy, representing 26.44 percent of the country’s electricity needs.

Is Philippines one of the richest in natural resources?

Despite its small area, the Philippines is one of the world’s richly endowed countries in terms of mineral resources. … In fact, the country’s refractory chromite resource in Zambales is considered as one of the largest in the world. The mining industry plays a very important role in the country’s economic development.

Why is it that Philippines is blessed with natural resources?

The Philippines is blessed with natural resources. It is conducive to agriculture having fertile, arable lands, diverse flora and fauna, extensive coastlines. Philippine government has desperately tried to restrict its exploitation. … A number of metals and mineral resources are found in Philippine soil.

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