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System in which the resources are owned and controlled by the people of the country?
Wiki User
∙ 14y ago
Capitalism
Wiki User
∙ 14y ago
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What does a country need to develop?
A country needs a combination of factors to develop, such as stable governance, infrastructure development, access to quality education and healthcare, economic stability, investment in technology and innovation, and a skilled workforce. Additionally, strong institutions, good governance, and sustainable environmental practices are crucial for long-term development.
Define a resource-poor country?
A country without the resources to have its own people survive. Resources are needs different in every country. America's resources are different then Chile's, but resource poor would mean their people could not survive.
Protectionism would be beneficial to a country Why or why not and explain your answer?
Protectionism is beneficial to a country because it protects a country's resources. It allows a country's resources to be used only for the benefit of the country's people.
What country in Asia is the richest in natural resources?
china because people in china are gaining more business
Tebit is controlled by what country?
Tibet has been controlled by the People's Republic of China since the end of the Chinese Civil War in 1950.
Advantage and disadvantage of trying to plan and predict what people will demand and allocating a country's resources on that basis?
Advantage and disadvantage of trying to plan and predict what people will demand and allocating a country's resources on that basis?
Why do countries colonize?
Colonization gives countries power. It also increases resources and income. For exmaple: if a country didn't have many natural resources but had seized a country which does, then the colonizing country has earned resources, people (army), and income (taxes).
How can the presence or absence of natural resources and arable land affect a nations economy regardless of the type of economic system?
If a country has few resources and little land for crops, it may not be able to produce enough food and products for the people.
When is a country rich in biodiversity?
when the country have strong minded people and who are willing to risk their life to gain the country more resources.
What impact does human population growth have on water resources?
if a country or province has a lot of resources, and people move there to get those resources, the people having to get the resources have a higher demand, and they find it difficult to get more resources
Why would a country choose to have a capitalist system?
Capitalism is the default system of humanity. It is based on the human nature, specifically greed and self-preservation. Rather than organise a system (such as communism or fascism) that must be kept up and controlled by selfless people to avoid corruption and degradation, capitalism is easy: just let people be people. As such, it is not really a choice.
What country controlled Hong Kong?
Since 1997 it is The People's Republic of China
