Introduction:
Water is certainly the most important source that is necessary for survival in the world. Water not only ensures continuation of life on the earth but also forms society and human culture. Moreover, modern economic growth is completely dependent on a steady supply of water for generation of energy, growth of cities, agricultural production as well as 21st century industrialization. However, given this huge requirement for water it is wise that people thoroughly understand the dynamics of available resources on the world and imagine creative paradigms to better manage the same. This essay will study every sector within an economy, including agriculture, energy, urban development and industrialization. These rely mainly on scientific …show more content…
As 21st century economics of the world continue to expand quickly, the demand for usable water has reached grand proportions, creating a huge gap between the demand and supply of water. In 2010 more than 800 million people from across the world did not have proper access to usable water and around 2.5 billion people lacked essential sanitation. However, reports clearly indicate that many developing economies in South America and Africa can increase their GDP by up to 5% through better access to water and this can go a long way in helping them achieve their maximum development goals within a short time period. In a global context improved and regular access to water, raise the world economy by up to 15%. If the worldwide general development goals are met it is estimated that the global economic gains per could be as high as 56 billion dollars and consistent universal access to usable water can alone add up to 220 billion dollars per year to the world economy (HSBC 2012).
Industrial development is a key indicator of economic growth and wealth and a natural requirement to attain this are steady and reliable water resources. All major industrial nations systematically control the flow of their water resources such as rivers and streams. The purpose is to create reliable water storage units, manage …show more content…
In the 21st century, the demands for water resources have touched new levels and main difference has appeared with regards to the distribution of water among different populations. While developed nations continue to enjoy regular and reliable supply of water, whereas, the less developed countries are finding it hard to meet their even basic need of water. It is about time now that governments across the world work together towards creating new policies for equal distribution of water on a global scale as human population continues to rise on a considerable
Water is certainly the most important source that is necessary for survival in the world. Water not only ensures continuation of life on the earth but also forms society and human culture. Moreover, modern economic growth is completely dependent on a steady supply of water for generation of energy, growth of cities, agricultural production as well as 21st century industrialization. However, given this huge requirement for water it is wise that people thoroughly understand the dynamics of available resources on the world and imagine creative paradigms to better manage the same. This essay will study every sector within an economy, including agriculture, energy, urban development and industrialization. These rely mainly on scientific …show more content…
As 21st century economics of the world continue to expand quickly, the demand for usable water has reached grand proportions, creating a huge gap between the demand and supply of water. In 2010 more than 800 million people from across the world did not have proper access to usable water and around 2.5 billion people lacked essential sanitation. However, reports clearly indicate that many developing economies in South America and Africa can increase their GDP by up to 5% through better access to water and this can go a long way in helping them achieve their maximum development goals within a short time period. In a global context improved and regular access to water, raise the world economy by up to 15%. If the worldwide general development goals are met it is estimated that the global economic gains per could be as high as 56 billion dollars and consistent universal access to usable water can alone add up to 220 billion dollars per year to the world economy (HSBC 2012).
Industrial development is a key indicator of economic growth and wealth and a natural requirement to attain this are steady and reliable water resources. All major industrial nations systematically control the flow of their water resources such as rivers and streams. The purpose is to create reliable water storage units, manage …show more content…
In the 21st century, the demands for water resources have touched new levels and main difference has appeared with regards to the distribution of water among different populations. While developed nations continue to enjoy regular and reliable supply of water, whereas, the less developed countries are finding it hard to meet their even basic need of water. It is about time now that governments across the world work together towards creating new policies for equal distribution of water on a global scale as human population continues to rise on a considerable