Life is  a race between Production and Resource Depletion

Natural resources are very important for the continuation of life on earth and without it life will become very difficult. Natural resources are like fuel oil, copper, leather, and all kinds of metals that can be found on earth in spite of water, wood, animals…

Natural resources are becoming more and scarcer on earth due to the high consumption and usage of these resources in production. We know that these resources are necessary for all industries to produce useful products for human beings that are necessary for the continuation of life but the increase of total number of people on earth due to the decrease in death rates and development of medicine in this century and the century before.

People are finding themselves forced to fight for these resources in order to produce and enhance their balance of trade of their nation. There are many wars done in the past and today because of natural resources especially fuel oil. so many people say that the major reason for the invasion and Iraq by the US troops is to control the supply of oil in the region because Iraq has the second largest fuel oil reserve in the world but globally the united states f America say that their target from invading Iraq is for democracy and liberty which is not true at oil.

Lebanon does not have any natural resources except water which is the main purpose for Israel to invade him in the past because Israel water resources are limited. Adolph Hitler in the past invaded the Scandinavian territories to secure steel from Sweden which has very big steel resources in the world and at the same time invaded Ukraine to get fuel oil and wheat for CormIsland there.

Natural resources and its scarcity is considered one of the most problems that human beings faced and still face and it will still face him in the future. There was in the past a global thinking that natural resources with disappear in the future all over the world. So many countries nowadays are facing problems concerning it deficiency to secure their needs from products and commodities for their people due to the scarcity in resources needed for the production of these products. The economic problems that the world is facing are due to the scarcity of economic resources. The world is facing so many economic problems which are:

• Energy problem
• Food problem
• Debt crisis
• Environmental pollution

These problems will affect negatively the level of economic development which is also affected by the efficiency in using the economic resources. The depletion and misusing of natural resources in an effective way affect a lot on the capability of countries to continue their economic development in the future.

Production factors are:

• Human resources
• Capital
• Natural resources
• Entrepreneur

There are three factors that create the economic problem:

• Scarcity
• Efficiency
• The big number of human needs of products and commodities

These three factors can eliminate or enlarge the economic problem because the need for these resources in much bigger than its development. people on earth is increasing while natural resources are decreasing and the big fear is that these resources will disappear in the future, that is why countries must take care of these resources and use it efficiently to produce the biggest number of products with minimum resources.

This problem will last for ever and human beings will always be careful about finding new substitutes for these resources like using water resources to generate electricity instead of fuel and plastics instead of iron and metals. By this way they are trying to decrease the usage of these resources and find suitable substitutes that last for ever like water, solar power and wind.

There is another important point concerning the relation between production and resource depletion is that production cost is mainly affected by the natural resources prices and existence. Production cost in Lebanon is very high because of the scarcity of natural resources in Lebanon and the need to import it from abroad at very high prices while production cost in other countries that has natural resources is lower than Lebanon which gives them power and competitive advantage in the market they are selling their products in.

We can say that economic, natural resource has a strategic effect o countries because it will give them power (economic and political power) but the main important thing here is to use their resources efficiently in a way not to lose that advantage in the future when their resources gone with the wind.