How does Russia's natural resources make the country more prosperous?

Answer 1

Russia is the world's largest mineral and energy supply and is known as an "energy superpower", containing 22% of the world's oil, 16% of the world's coal, and 40% of the world's natural gas. Very well known for its tree's, Russia has 1/5 of the world's timber and wood, no surprise. iron ore, nickel, coal, gold, diamonds, furs, petroleum, zinc, aluminum, tin, lead, platinum, titanium, copper, tungsten phosphates, and Mercury are the most popular Natural Resources that Russia provides. Russia has many advantages, and a few disadvantages, for its very hard to mine up north rather then down south. Below are some short notes about the large amounts of natural resources in Russia:

• Has the worlds largest oil reserves
• Second largest coal reserves
• 1/5 largest lead reserves
• Largest reserves of water in lakes
• Largest diamond deposits
• Second largest potassium reserves
• Enormous fish reserves

Russia's forest resources, also known as Taiga, are larger then America's mainland! Taiga contains 1/3 of the worlds timber, and is home to numerous animal resources.

Answer 2

prosperous basically means more rich and strong right, so every country needs resources to stay prosperous and so the answer is it stays prosperous because it can sell a lot of minerals and oil and so on and make a lot of money therefore given the country an economic boost

Answer 3

Russia has a problem leveraging its resources due the political structure of control and ownership. The country is very dependent on oil sales, but currency and entrepreneurial ownership is limited.

Answer 4

Russia's abundance of natural resources, such as oil, natural gas, and minerals, contribute significantly to its economy by supporting industries like energy, manufacturing, and mining. Revenue generated from exporting these resources boosts the country's income and helps fund infrastructure projects and social welfare programs. However, reliance on natural resources can also make the economy vulnerable to price fluctuations and global market conditions.

Answer 5

Fur, diamond, coal, oil and gas are major resources.

Answer 6

It is how the environment has its own food

Answer 7

Coal, iron, uranium, manganese, salt, natural gas; agriculture, electric power