Question

If nation is rich in resources then it can be developed

Answer 1

It would be a fair assumption to make that a country with a large amount of natural resources would be more likely to develop fastest and furthest. ... With industrialism, goods can be produced solely for trading with other countries that lack the resources to make them.

Answer 2

Answern the greatest natural resource endowments. Rather than contributing to freedom, broadly shared growth, and social peace, rich deposits of oil and minerals have often brought tyranny, misery, and insecurity to these nations.

that lack the resources to make them.

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