Water is an important part of life. Life can’t be sustained without water. Our body contains almost 75% water. Our planet contains a big proportion of water. We are struggling to find water on other planets. Life revolves around water.
So when water is so much important in everything in our life then why not for our economy too. Now you will be wondering how an economy can be affected by water? Take a breath. We are going to discuss how water is important for the economy.
A country surrounded by islands attracts more people to visit. What islands contain so attractive? Of course, that is water. So in this way, we can say that water attracts masses towards it. Following we are discussing some of the economical effects of water.
Tourism
As discussed earlier, the more a country contains islands, the more it attracts tourists. We are clever enough now to get the idea that how it improves the economy. The more people visit a country, the more economy of the country rises. That’s why countries like the Maldives are generating big revenue from tourism. That’s an earning of water.
Tourism can be an important source of income for a country. The countries with large water resources should advertise the beauty of their country. Also, the country should provide all the necessary facilities that tourists can enjoy. The facilities will attract more tourists to visit the place again and again.
Energy sector
Water is important for producing electricity. A clean source of electricity production is water. When we produce electricity from water, it costs less. On the other hand, other electricity resources are more costly.
In this way, the countries that don’t have enough fossil fuel resources can improve its economy. Water is a renewable resource. Out atmosphere would be if we produce hydroelectricity.
Many mineral resources can be extracted only by water. It is helpful in the extraction of petroleum, roll steel, and many other important goods. It is also helpful in the production of paper.
Fisheries
Seafood is the most favorite food in many countries. Water is the habitat of those sea animals. If a country contains enough water, there must be fish too. A country rich in fish can generate big revenue from this industry. You can yourself search the countries that have sustained their economy over fisheries and other kinds of seafood.
Some strategies to follow
As water is so much important for life, every person must save the water. According to new data, most of the earth’s water has been polluted. A lot of factory chemicals are being dumped into the water. There would be a time when we will not have even a drop of water to drink.
So before it’s too late, all the nations should consider this issue seriously. It is the responsibility of governments to make strict laws for the safety of the water. On the other hand, people need to follow all the rules. Water is not only important for humans but animals too. This will not only benefits us but will contribute to the improvement of a country’s economy.
