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What factors contributed to slow economic development in Latin American nations despite abundant natural resources?
Wiki User
∙ 12y ago
they had been dependent on only one or two exports. Also, wealth was
in the hands of only a small percentage of people, while the rest of the people
were poor. They also relied on other nations for manufactured goods, which made
them dependent upon them.
ed options c;
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoLack of Capitalism
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Russia.
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if resources were in abundant there would have been no need to study economics why? what is production
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is the study of economics necessary in a situation of abundant
Is study of economics necessary in a situation of abundant resources?
is the study of Economics necessary in a situation of abundant
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It stimulates the economy
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What country's economic development benefits from its abundant energy resources?
Russia.
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