Explain why Philippines is considered rich in natural resources in connection to its geographical location?
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Explanation:
Natural capital plays an important role in this as it can supply a source of income for this development. ... Thus, sustainable management of natural resources can play either a productive or destructive role in the development of a nation.
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The Philippines is rich in natural resources. Its fertile land produces a variety of crops such as coconut, copra, banana, pineapples, sugar, gum, resins and rubber. Some of these agricultural crops are raised for export. Rice, which is the staple food of Filipinos, is produced, largely, in the Central Plains of Luzon.
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