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How do natural resources contribute to the gross domestic product of a country?
Wiki User
∙ 10y ago
Wiki User
∙ 10y ago
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What is domestic production?
Everything is produced locally i.e. , the home country where both human and Natural Resources are employed. The economy is dependent on what it can produce from these resources, e.g. , fruits, vegetables, etc.
Natural resources in your country that can be manufactured into products for export purpose?
yes, i do have natural resources in my country which can be used as it is n can be manufactured into product for exports purpose.
Why would a country with many natural resources have the potential for a strong economy?
Natural resources can be harvested, refined and sold abroad, bringing good money into the country.
What The Square Deal is?
The Square Deal was President Theodore Roosevelt's domestic program. He explained in 1910: ... Roosevelt reflected three basic goals: conservation of natural resources, control of corporations, and consumer protection.
What was one cause of the nation's growth?
U.S. History GP: Natural Resources
How is a clothes store a domestic level of production?
it is produced in the the home country where both human and natural resources are employed. The economy is dependent on what it can produce from these resources
How do farmer rely on natural resources?
they contribute
Which countries are rich in which natural resources?
Russia is rich in natural gas and timber, Saudi Arabia in oil, Australia in iron ore and coal, Chile in copper, and Democratic Republic of Congo in cobalt. Each country has unique resources that contribute to their wealth and economy.
What did the Western lands contribute to the global economy?
European countries used their colonies to produce natural resources for the benefit of the mother country
How much is a country worth?
The worth of a country is typically measured by its gross domestic product (GDP), which represents the total value of goods and services produced in a country in a year. Other factors that can contribute to a country's worth include natural resources, infrastructure, and human capital. Ultimately, a country's worth is subjective and can vary depending on the criteria used for evaluation.
What did the non-Western lands contribute to the global economy?
European countries used their colonies to produce natural resources for the benefit of the mother country
What is domestic production?
Everything is produced locally i.e. , the home country where both human and Natural Resources are employed. The economy is dependent on what it can produce from these resources, e.g. , fruits, vegetables, etc.
Do natural resources effect where you live?
yes natural resources do effect where you live in your country
What are the main natural resources in your country?
the main natural resources in Egypt are cotton and aluminum.
What is advantages of natural resources?
An advantage of Natural Resources would be the option for renewable resources.
Which country has the most natural resources?
Russia is the country with the most natural resources. The main resources are gas and timber. The United States also has many natural resources, having the most amount of coal of any country in the world.
What country in Asia is the richest in natural resources?
china because people in china are gaining more business
