Top 10+ Natural Resources in the World

Natural resources: fishing (largely undeveloped), tourism (especially from Japan). Exports: $3.94 billion f.o.b. (2005 est.): mostly transshipments of refined petroleum products; construction materials, fish, food and beverage products.

Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well.

• Water. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater.
• Air. Clean air is necessary for the existence of life on this planet.
• Coal. Coal is estimated to be able to last less than 200 more years.
• Oil.
• Natural gas.
• Phosphorus.
• Bauxite.
• Copper.

The economy of Guam depends mainly on US military spending and on tourist revenue.

Guam economy depends largely on US military spendings. Tourism industry is also a major contributor to Guam’s economy. In fact, it was Guam’s tourism industry that helped the country to come up with new hotels, golf courses and other tourist attractions.

Summary: Family of four estimated monthly costs are 4,514$ without rent. A single person estimated monthly costs are 1,326$ without rent. Cost of living in Guam is, on average, 38.44% higher than in United States….Cost of Living in Guam.

Despite slow growth, Guam’s economy has been stable over the last decade. National defense spending cushions the island’s economy against fluctuations in tourism. Service exports, mainly spending by foreign tourists in Guam, amounted to over $1 billion for the first time in 2016, or 17.8% of GDP.

Gas Prices in Guam

It’s expensive Nearly everything on Guam is imported and that means costs are higher than in the States. It’s not like South America or the Caribbean where the cost of living can be relatively low for a Statesider. The costliest items are gas, food, and utilities.

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