What are the four main reasons as to why, despite having an abundance of minerals and natural resources, Pakistan has been unable to realize its potential and has not been able to succeed like other countries having similar resources?
Answers
Answer:
this is because it is not developed its developing country
Explanation:
Pakistan has been unable to realize its potential and has not been able to succeed like other countries having similar resources?
as it dont have that advance technology like north america,Australasia....
not all people learn education small amount of people are educated
there is high unemployment rate (not all people can buy basic goods)
Yes, Pakistan has the potential but we are sluggish and lazy people to grab this opportunity. CPEC is a game changer. Pakistan must relocate Chinese industrial concerns at proposed eight Special Economic and Industrial Zones( SEIZs) on or near to CPEC. Pakistanis Governments failed criminally to expedite the establishment of these zones. Pakistan’s bureaucracy couldn’t resolve this complex issue. Identification of suitable industries that China will relocate, provision of requisite infrastructure and civic amenities, training of efficient man power especially youth without employment and which would require are challenges which we couldn’t resolve.
CPEC will be very useful for India as well. Pakistan provides land link to Cars& Afghanistan which are rich in energy resources India need badly. Without cheap energy resources, India can’t attain sustainable development goals.
Yes, Pakistan couldn’t rise to occasion like other similar countries. No plausible defense for it.
Despite having an abundance of minerals and natural resources, Pakistan has been unable to realize its potential and has not been able to succeed like other countries having similar resources
Explanation:
- Lack of effective resource mapping in the country. Nations like Pakistan have abundant resources however, they do not have the proper technology to convert these resources that could be used. Natural endowments become resources when their actual form has been transformed. In certain cases technology & tools are required to utilise natural resources in the best possible way. Hence, most resources are "potential resources", that is, resources which cannot be used though they are useful for mankind's need
- Human capital is needed to accelerate the economic growth of a nation. For resources to be converted to useful means, human capital is needed. Resources are a function of human activities since they transform material available in the environment into resources and utilise them. However in Pakistan is one amongst the nations that has poor literacy rate. This is due to population growth, poverty, low allocations, feudal lords, male-dominated society, lack of school in rural areas. Investment to raise the literacy rate & for skill development is essential for the growth process of the nation
- Also, going by the "paradox of plenty", nations with abundant natural resources (such ascertain minerals & fossil fuels), tend to have less economic growth, less democracy, and worse development outcome
- Another factor is high level of corruption. Large reserves of natural resources can bring corruption & contraction if a nation’s wider economy does not benefit. There is potential to realise broad-based & sustainable gains, but the issues such as corruption has led to under development of natural resources
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Natural resources issues in punjab Pakistan - Brainly.in
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