How does the financial recourse affect the development of a country?
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Answer:
a) Development of economy - Financial resources lead to development of economy of the country, leading to generation of employment opportunities, reduction in poverty and overall nation's development. ... They also lead to development of education, medical and employment infrastructure of the country.
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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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