The Problem of Limited Resources and Unlimited Human Wants

Introduction

Nowadays the question of limited resources and wealth is one of the most important. It is known that the stocks of many natural resources have already been in short supply, and some of them still exist in quantities large enough for production, but they are not endless. Possibility to satisfy needs of any society depends on creation of goods and their production, in turn, requires an increasing amount of resources. It is clear that because of steady increase of world population, we don’t have enough goods and resources to satisfy all the needs.

It is necessary to limit the use of resources, because the problem of their limitations will be a serious and it can lead to fatal consequences. In the scientific literature this topic is taught because it has a direct influence on further development of our society. Some authors underline that limited resources and benefits are relative, not absolute, that explains how soon they will be depleted. Others believe that the resources are both absolutely and relatively limited. But all scientists agree there are resources that can not be replaced by others and they will sooner or later be depleted.

1. Limited economic resources

1. Resources in the economy and their classification

Resources are involved in the production, and play the role of the factors of production.

Resources are divided into:

• Economic (functioning); - Potential (not involved in the economic turnover); Economic resources include: - Natural resources; - Labor (the population of working age); - Material (all man-made means of production are the result of production); - Financial (cash, which the company is able to identify the organization of production); - Information (scientific, scientific-technical, design, statistical, technological, information, information, and others. Kinds of intellectual property needed to create economic output);

Natural resources - these are elements of the functioning of natural systems, which are not created by human labor, exist independently of it, but in varying degrees, are used by man. It is necessary to knowa difference between natural environment and natural resources. Natural conditions provide opportunities for industrial activity. These include solar radiation, internal heat of the earth, topography, climate, rainfall. At a certain stage of development of the productive forces of natural conditions are transformed into natural resources. For example, the wind is used to generate energy. Natural resources are the forces that can be used in industrial and non-human.

Natural resources in nature use are divided into:

- Real (involved in the production process) - Potential (currently are not used) Natural resources are divided into: - exhaustible - inexhaustible - interchangeable   - irreplaceable You can go to the resources as relatively and absolutely limited. Exhaustible - these are resources that at some stage of the production activity can be completely exhausted. Exhaustible resources: - Non-renewable resources (land, air, minerals) are absolutely limited by their number. - With respect to renewable resources - Playback Inexhaustible consist of three groups: - Space (solar radiation, tides) - Climate (air, wind, water) - Water Interchangeable - are resources that can be replaced by other, more cost-effective.