Despite the lack of natural resources, some countries are called developed how ? Explain ?
Answers
Hey!
Despite the lack of natural resources, some countries are called developed because :-
(i) They have invested in human resources.
(ii) They import the required resources for their industries.
(iii) Efficiency of the people has made the country rich.
(iv) The latest technology has helped in the development.
(v) They have invested in the field of health and education.
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It is because their human resources are developed. These type of countries give special attention to their human resources. The people in these countries are highly skilled and have good knowledge and hence become an asset for the country. With their intelligence and skills they make use of the resources which already exist in their countries. These countries are also developed because they are technologically advanced.
Even if your country has got plenty of resources until you don't have the right technologies and skills you will not be able to make full use of your resources.