The Philippines is considered a developing country in Asia with a lower-middle-income economy. It is not considered a wealthy country compared to some of its neighboring nations in Asia.
The Philippines is considered a developing country with a mixed economy. While it has a growing economy and a young workforce, there is still a significant wealth disparity among its population. Factors such as corruption, underemployment, and inadequate infrastructure contribute to the country's poverty challenges.
The abundance of minerals doesn't guarantee wealth as their extraction and processing require significant investment and infrastructure. Inadequate governance, corruption, weak institutions, and lack of value addition in the mining sector contribute to the Philippines not fully benefiting from its mineral resources. Additionally, economic challenges like income inequality, poor education, and underdeveloped industries also play a role in the country's overall wealth.
Myanmar is rich because of the natural resources like zinc, antimony, tin, timber and petroleum.
Myanmar is rich because of the Natural Resources like zinc, antimony, tin, timber and petroleum.
Philippines U.S Conflicted.
Philippines
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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.
Myanmar produces lots of palm oil and that's why the government is rich
No. Myanmar is not the most populated country, China is. Myanmar is the 26th most populous nation, with about 50,000,000 people.
Yees China is a Buddhist country as is Nepal, Japan, Myanmar,Thialand, Malaysia, Philippines, Vietnam, Sri Lanka, South Korea, Taihan and CambodiaJust stuck on the others :(