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Natural resource potential (PRP) is understood as a set of natural resources and natural conditions located within certain geographical boundaries, which ensure the satisfaction of economic, ecological, social, cultural and health and aesthetic needs of a person and society.

Natural resources <TAG1> living conditions, which are a direct carrier and source of value in contrast to those living conditions, which are a factor in the formation of consumer and exchange value.
Natural conditions they affect the price of natural reproduction, the transport component of the use of natural resources.

Classification of natural resources

By species (belonging to the composition of natural phenomena):
  • mineral, water, land, forest, recreational, faunal
By exhaustiveness and ability to restore:
  • exhaustive and inexhaustible, renewable, non-renewable, partially renewable natural resources
By direction of use:
  • fuel and energy, mineral and raw materials, food, etc. Resources for single-purpose and multi-purpose use are allocated
By technical possibilities of operation:
  • real, potential (forecasts)
By economic value:
  • resources of national, regional and local importance
By technological cycle of production:
  • resources of primary origin and natural and man-made — production and consumption waste
Other divisions: by substitution (replaceable and irreplaceable), by the influence of production (have a harmful effect, are slightly affected, are not affected), by quality (each type of natural resource is divided into classes, groups, types and other classification units)

Approaches to the assessment of natural resources

Rent approach <TAG1> assumes that the price of a natural resource is determined depending on supply and demand in the market and is related to the amount of rent.

Types of rent

  • Absolute rent <TAG1> is a form of rent that must be paid to the owner for any plot of land (hence the name — absolute«), regardless of the quality characteristics of the resource located on the plot.
  • Differential rent <TAG1> additional net income of resource users related to the use of medium and better quality resource types.
    Differential rent I <TAG1> arises due to a difference in resource quality (for example, due to location).
    Differential rent II it is formed as a result of intensive management of the economy at the expense of additional capital investments.

Rent withdrawal

Part of the rent is withdrawn by the state in the form of rent payments and is directed to the restoration of the country's natural resource potential.

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