What are the most valuable resources?

Top 10 Natural Resources in the World

  1. Water. Although the earth is mostly water, only about 21/2% of it is freshwater. …
  2. Aerial view. Clean air is necessary for life on this planet. …
  3. Charcoal. It is estimated that coal can last less than 200 more years. …
  4. Oil . …
  5. Natural gas. …
  6. Phosphorus. …
  7. Bauxite. …
  8. Copper.

Which resources are the most valuable resources?

Data is the most valuable resource in the world. According to The Economist, data is now the world’s most valuable resource, ahead of oil.

What is the most valuable resource on earth?

The Economist – The world’s most valuable resource is no longer oil, it’s data. A NEW commodity is spawning a lucrative, fast-growing industry, prompting antitrust authorities to step in to curb those who control its flow. A century ago the resource in question was oil.

What are valuable resources?

What is the world’s most important natural resource? You might be thinking of diamonds, platinum or gold, or perhaps valuable fuels like oil and natural gas. However, there is only one resource we really could not live without: fresh water. People even started calling it “blue gold”.

Which resource is the most important?

Water is the most important resource in human life.

  • Water – one of the most important resources of life. …
  • Water looks through the vines, likewise one looks for water usage limits, looks for plants.

What are the 5 resources?

Name the 5 most important natural resources

  • Water . ••• Without a doubt, water is the most abundant resource on the planet. …
  • Oil . ••• Oil is one of the world’s most valuable natural resources and one of the most important to our modern way of life. …
  • Coal . ••• Coal remains the most efficient fuel for heat generation. …
  • Forests . ••• …
  • Iron . •••

What are the 10 natural resources?

Top 10 Natural Resources in the World

  • Water. Although the earth is mostly water, only about 21/2% is fresh water. …
  • Aerial view. Clean air is necessary for life on this planet. …
  • Coal . It is estimated that coal can last less than 200 more years. …
  • Oil . …
  • Natural gas . …
  • Phosphorus. …
  • Bauxite. …
  • Copper.

Which country is rich in resources?

Total Rents from Natural Resources (% of GDP) Country Rank

< tr >

Rank Country Value
1 Congo 42.67
2 Mongolia 40.52
3 Libya 38.47
4 Iraq 37.98

Is data worth more than gold?

Unsurprisingly, the data has exceeded the value of valuable resources like gold or oil. After all, modern businesses run on data.