What are two main resources that Latin America has?

Latin America is a treasure house of natural resources. These include mineral resources, such as gold and silver, as well as energy resources, such as oil and natural gas. In addition, the region is rich in agricultural and forest resources, such as timber. These resources have drawn people to the region for centuries.

What are the 2 most important resources of the region?

As the two most important resources in the region, water and oil have caused such conflicts.

What are three types of resources found in Latin America?

Production of precious metals, sugar, rubber, grains, coffee, copper, and oil have at various periods of history made countries in Latin America-and their colonial powers-some of the most prosperous in the world. In some ways, these commodities may have changed the course of history in the world at large.

What two energy resources are abundant in Latin America?

Of the primary renewable energy supply in Latin America, 1% originates from solar and wind energy, 1% geothermal, 8% hydropower, 16% bioenergy (IEA, 2015). Although the region compares favourably to other parts of the world, fossil fuel remains the most important source of energy, with a share of around 75%.

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What 4 types of landforms are found in Latin America?

Mountains and Highlands

  • THE ANDES MOUNTAINS. …
  • HIGHLANDS. …
  • LLANOS OF COLOMBIA AND VENEZUELA. …
  • PLAINS OF AMAZON RIVER BASIN. …
  • PAMPAS OF ARGENTINA AND URUGUAY. …
  • ORINOCO RIVER. …
  • AMAZON RIVER. …
  • PARANA RIVER.

What food is grown in South America?

Many crops thrive in the tropical climates of South America. Cashews and Brazil nuts are cultivated. Fruits such as avocado, pineapple, papaya, and guava are also native to tropical South America. Two very important cash crops are coffee and cacao, which is the source of cocoa, the base ingredient in chocolate.

What resources does America not have?

Oil and natural gas, like coal, are nonrenewable resources.

What is the most valuable resource in Asia?

Asia extracts an immense wealth of minerals, of which its mineral fuels—coal, petroleum, and natural gas—are of greatest value. The largest Asian coal producers are China and Russia (Siberia), followed by India, Kazakhstan, North Korea, South Korea, and Japan.

Which Latin American country has the greatest resources?

Why is Lake Maracaibo important to Venezuela? It allow for large ships to come through to bring goods back and forth to the area. What Latin American country has the greatest resources? Brazil, the largest country in Latin America.