1.

If a nation is rich in natural resources then it can be developed

Answer»

Answer:

Not Necessarily

Explanation:

There are many countries rich in natural resources such as China, India, Nigeria. These countries have coal, oil, fertile soil NEAR river banks, animals like cows and sheeps especially in India.  Countries that are rich in natural resources can also be Underdeveloped or developing.

Many countries with low GDP's are rich in natural resources but they country can be in DEBT and will be forced to sell the natural resources for LESS price through TRADE so that they can reduce the debt.



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