Posts tagged “oil”:

A Historical Perspective on Strategic Resources

Throughout the history of human civilization, the characteristics of strategic resources and the methods of dealing with them have changed considerably. But as our economy becomes more and more complex, and the number of materials increases together with this complexity, the application of any single material represents a smaller and smaller portion of economic activity. For this reason, the impact of any single resource on the world’s supply chains is unlikely to have as significant of an impact as they might have had in the past. It is interesting however to observe how nations have dealt with the issue of strategic resources in the past and to learn how those techniques may be used in the future to protect critical industries. Historically energy has been the principal strategic resource, but in recent time the prodution of computing machines and information processing has become increasingly important.

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The New Map OP

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The Quest OP

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The Prize OP

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