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Why Africa is a very poor continent though it is very rich in natural resources?
Because the natural resources are not utilize properly
Why do have rich natural resources?
why the Philippines is considered rich in Natural Resources
Why do Philippines have rich natural resources?
why the Philippines is considered rich in Natural Resources
Is scarcity an issue faced by only poor people and poor nations or does the rich and poor alike face scarcity?
The poor face a scarcity of resources more often than the rich because they have more limited resources (most importantly, money). But everyone's resources are technically limited. The rich have more money than the poor, but if they spend it all or lose it all, they also face scarcity. If there is a scarcity of a product or a natural resource, it will affect both the rich and the poor, but as prices rise for resources high in demand, the rich will have more access to them, until there is no more for anyone: both rich and poor.
Why does Philippines remain poor despite its rich natural resources?
The poverty in the Philippines can be attributed to factors such as income inequality, corruption, inefficient governance, lack of infrastructure, and limited access to education and healthcare. These issues have hindered the country's ability to fully utilize its natural resources for economic development. Additionally, vulnerabilities to natural disasters and external factors like global market fluctuations also impact the country's economic growth.
Is kashmir a rich or poor country?
kashmir can be a rich country if its govern by kashmiris, it has huge natural resources and God granted beauty. Its switzerland of Asia.
Why do Philippines have natural resources?
why the Philippines is considered rich in Natural Resources
What is a sentence that uses natural resources in it?
California and Texas are rich in natural resources.
Was ancient corinth rich in natural resources?
Ancient coring were rich in natural recources
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.
Is papua new guinea rich or poor?
Isolation from the rest of the world( located on an island), not a lot of incoming prophet from natural resources, poor government, and underdeveloped country.
What is the difference between the Philippines is rich in natural resources how would you differentiate it from the other Asian countries?
its the difference between good and poor english
