Resource-based economy

This article is about countries whose income comes mainly from natural resources. For use of the term as an economic theory, see The Venus Project.

A resource-based economy is the economy of a country whose gross national product or gross domestic product to a large extent comes from natural resources.

For example:

• Suriname's exports of bauxite account for more than 15% of GDP and 70% of export earnings.
• Of Russian exports, more than 80% are oil, natural gas, metals and timber.
• Norway's export of oil and gas forms 45% of total exports and more than 20% of the GDP.
• Australia developed aspects of a resource-based economy in the later twentieth century, while retaining a foundation in agricultural exports, and latterly minerals.

Resource Based Economy Alternative Use (Economic Theory)

The U.S. Presidential Candidate Roseanne Barr defines a Resource Based Economy as a type of sustainable economic system existing beyond the current usury based monetary system.

"The Bankers and the Federal Reserve need to be brought down. They have stolen our money, our future and the American Dream and continue to enslave us with a broken monetary system. There is no scarcity; there is manipulation of the resources. We need to end the wars, bring our troops home and our jobs back, create new Green jobs and put people back to work. We need a resource based economy."

http://www.roseanneforpresident2012.org/Issues