Throughout history, the world has witnessed numerous resource booms, each one transforming economies and reshaping industries. As we look to the future, it’s clear that a combination of technological, geopolitical, and environmental factors will drive the next wave of resource boom. Understanding these key factors can provide insights into the future of global economies , industries, and even daily life. Technological Advancements in Extraction Methods One of the primary factors driving the next resource boom will be advancements in extraction technologies. Over the past few decades, the extraction of natural resources has undergone significant evolution. Innovations like hydraulic fracturing, deep-sea mining, and enhanced oil recovery techniques have unlocked previously inaccessible resources. As technologies continue to improve, more unconventional sources of resources—such as shale oil, deep-sea minerals, and even resources from space—will become viable for extraction. Artific...
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