How does a country become wealthy?

Answer 1

To begin with the land in which they reside must have a range of resources that they can sell such as timber, metals, gold and diamonds. They must also be adaptable to change. The country also needs to have strong minded people and who are willing to risk their life to gain the country more resources. The people also need to very creative and inventive these ideas can then be sold to Another Country which makes the host country richer. The government must be organised and must appease its people otherwise a revolt can ensue and destroy the country's economy.

The country can also be quite powerful and take away resources from other countries, their finances needed to be organised well so that their currency doesn't grow weaker.

These are just some of the reasons why a country can become richer than others.

Well said from the guy above, I just wanted to add something. Most the new rich countries in the Arabian Peninsula such as United Arab Emirates and Qatar got rich from one thing. Oil.

From that wealth, they turned into more of a financial hub and a high rise city.

Now they are home to offices of real estate firms, and Financial firms as well.

Hope this helped,

sc

Answer 2

By selling its goods or labour at a good price, then distributing that wealth among its people. A country is not wealthy unless its people are well off. The United States was formed under a Constitution and a theory of government that believed that the power of government should lie in the consent of the governed. Adherence to this theory of government gave the common man the power to carve a living and sometimes wealth out of the wilderness. The hard work of every citizen is the source of U.S. Economic prosperity. When the hard work of citizens is met by excessive taxation and the sort of economic fraud that is being perpetrated by the banking industry and the Federal Reserve, wealth is siphoned off and the economy and the country become weak. The U.S. Economy will only recover when the Constitution is restored and the people of this country become re-empowered. A quote from Thomas Jefferson: = "Every generation needs a new revolution." =