What are the major natural resources of South America?

What is the most important natural resource in South America?

The extensive forests that cover about half of the continent constitute South America’s richest natural resource. With more than 1.5 million square miles of tropical rain forest, Brazil is the most densely forested country in the region.

What is the major natural resources wealth in South America?

South America is home to some deposits of oil and natural gas, which are drilled for energy and fuel. Oil and gas extraction is the dominant industry of Venezuela, with major deposits found around Lake Maracaibo and the El Tigre region.

What are the major products of South America?

South America’s major exports, in terms of value, are mostly primary commodities, including foodstuffs and plant products, fuels, and raw materials. Within the first group the most important commodities are sugar, bananas, cocoa, coffee, tobacco, beef, corn, and wheat.

What is the main religion of South America?

Religion in South America has been a major influence on art, culture, philosophy and law. Christianity is the main religion, with Roman Catholics having the most adherents. Sizeable minorities of non-religious people and adherents of other religions are also present.

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What country has the largest economy in South America?

Argentina ($545.87 Bn) Venezuela ($291.38 Bn) Colombia ($282.46 Bn) Chile ($247.05 Bn)

Richest Countries In South America 2021.

Country Ecuador
GDP (IMF ’19) $106.29 Bn
GDP (UN ’16) $98.01 Bn
Per Capita $98.01 Bn

Which South American country has rich deposit of coal?

Brazil has one of the world’s largest deposits of iron ore and also has some coal and vast oil reserves.

Is South America rich?

With a land that can be divided into four climatic regions (tropical, temperate, arid and cold), South America is a diverse land that is rich in natural resources. It has a wide variety of agricultural products, mineral wealth, plentiful freshwater and rich fisheries.