Liberia's Natural Resources

Liberia's Natural Resources

Liberia is rich in natural resources such as gold, iron ore, diamonds and timber. Many people from all over the world look to Liberia for this natural resources.  Sometimes places would not do the right thing and trade fairly but they would instead try and steal these resources from Liberia instead.  Many of these resource help Liberia maintain a stable economy especially after the Civil War that occurred in Liberia [1]

Rubber

Liberia's rubber business has been a boost for this nation.  Like many of the other resources in Liberia, many other nations look to Liberia for such resources to help them produces products for there economies.   Rubber is a product that is valuable because it is used to produce tires and other items that make it possible to drive and to do other things in our society.  The United States even gets a majority of it's rubber from Liberia.[2]

Iron Ore

"The Liberia Mining Company was the first of four iron ore companies which produced and shipped such large quantities of iron ore that in the 1960s and 1970s Liberia became Africa’s largest iron ore exporter and even the third on the world list of iron ore exporters."[3]

[1] “Liberia”,EITI (accessed 29 July. 2016. https://eiti.org/Liberia).

[2] “Liberia's Natural Rubber Industry: Second Look (accessed 29 July. 2016. http://www.theperspective.org/2011/0728201104.html).

[3] “Iron Ore” (accessed 29 July. 2016 http://www.liberiapastandpresent.org/ODP/IronOre/IronOreC.htm