Minerals In National And International Affairs (a131cc1d-d516-4b99-8ca1-76fec824fffb)

The American Institute of Mining, Metallurgical, and Petroleum Engineers
Elmer W. Pehrson
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
51
File Size:
2147 KB
Publication Date:
Jan 1, 1964

Abstract

Minerals have played a prominent role in the affairs of man and nations since time immemorial but with the advent of the industrial revolution, expanding use of the products of the mineral kingdom became synonymous with the material progress of mankind. Individuals and business groups have recognized this fact so have been aggressive in searching for and utilizing mineral resources, with notable success. Indeed, their achievements are primarily responsible for the present Machine Age. On the other hand, until recently the body politic has failed to grasp fully the essentiality of minerals although, at times, access to mineral supplies has been an important factor in the political maneuvers of nations. This chapter is concerned primarily with the broader political and economic relationships of mineral resources to the world economy, and with the internal and external actions of nations in the field of minerals. Many factors that condition the mineral economy of regions and the world as a whole, influence the internal and external affairs of individual nations. The more important of these are: 1. The nature of man's dependence on minerals. 2. The problems resulting from the unique characteristics of mineral occurrence. 3. Geopolitical concepts. 4. Minerals and world power. Actions of individual nations affecting their mineral economy seek two basic objectives: 1. Attainment and maintenance of prosperity. 2. Military security. Other objectives may be cited but on careful analysis they become integral parts or extreme phases of the two points noted above. For example, the twentieth century aggressions of the USSR, Germany, Italy, and Japan might be considered as direct bids for world power but they also can be interpreted as exaggerated or mistaken efforts toward military security and peacetime prosperity. Similarly, trade barriers, nationalization of industries, foreign exchange manipulations, taxation, monopolistic prac-
Citation

APA: Elmer W. Pehrson  (1964)  Minerals In National And International Affairs (a131cc1d-d516-4b99-8ca1-76fec824fffb)

MLA: Elmer W. Pehrson Minerals In National And International Affairs (a131cc1d-d516-4b99-8ca1-76fec824fffb). The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1964.

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