How do resources affect the development of a country?
Answers
Answer:
Explanation:
The quantity and availability of natural resources affect the rate of economic growth. The discovery of more natural resources, such as oil or mineral deposits, will give a boost to the economy by increasing a country's production capacity.
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Answer:
Natural resources have a double- whetted effect on profitable growth, in that the intensity of their use raises affair, but increases its reduction rate. A natural resource is a crucial input in the product process that stimulates profitable growth.
growth.The effect of natural resources on society is as old as mortal conditioning as the terrain inserts itself between nature and society. profitable conditioning( product, exchange, and consumption) induce environmental problems while the reduction of scarce renewable and nonrenewable natural coffers raises enterprises about the sustainability of profitable rents from the exploitation of natural coffers. Sustainable development, a steady- state long- term profitable and social well- being, hinges on profitable growth “ a long term rise in capacity to supply decreasingly different profitable goods to its population; this growing capacity is grounded on advancing technology and the institutional and ideological.
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