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An over dependence can cause slower economic development

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What is a main role of developing nations in the rise of the global economy?

Developing nations play a crucial role in the rise of the global economy by serving as emerging markets that drive consumption and investment. Their growing populations and increasing purchasing power create opportunities for businesses worldwide, fostering trade and innovation. Additionally, these nations often have abundant natural resources and labor, which can enhance global supply chains and attract foreign direct investment. Overall, the economic growth of developing countries contributes significantly to global economic dynamics and stability.


How does the global economy affect the apportionment of natural resources?

The distribution of economic power between nations determines where materials are needed most. Because, at any point in time, there are finite amounts of natural resources, these resources are distributed where they are needed in the quantities they are needed.


Why do some nations have wealth while others remain impoverished?

The wealth of nations can be influenced by various factors such as natural resources, economic policies, governance, education, and infrastructure. Nations with abundant resources, stable governments, and effective economic strategies tend to be wealthier, while those facing corruption, conflict, and lack of development often remain impoverished.


What are economic resources including natural resources and capital resources?

factors of productions


3 main types of economic systems?

capital resources, human resources, & natural resources

Related Questions

What are the exports in Russia?

As with all developing nations, it chiefly relies on exporting it's natural resources.


What has allowed developing nations today to exploit their resources faster than the US?

Developing nations may exploit their resources faster due to less stringent environmental regulations, lower labor costs, weaker enforcement of land rights, and the pursuit of rapid economic growth. The focus on industrialization and natural resource extraction as a means of development can contribute to quicker exploitation of resources.


As developing nations industrialize and make use of capital resources new challenges to the supply of the worlds natural resources will no doubt appear because?

As developing nations industrialize and make use of capital resources new challenges to the supply of the worlds natural resources will no doubt appear because more and more resources are being used. Also there are more people to feed and provide resources for.


What are 2 ways to help developing nations?

Well, one way is to give them money, and another way is to I've them natural resources.


What is a main role of developing nations in the rise of the global economy?

Developing nations play a crucial role in the rise of the global economy by serving as emerging markets that drive consumption and investment. Their growing populations and increasing purchasing power create opportunities for businesses worldwide, fostering trade and innovation. Additionally, these nations often have abundant natural resources and labor, which can enhance global supply chains and attract foreign direct investment. Overall, the economic growth of developing countries contributes significantly to global economic dynamics and stability.


What has the author John Vereker written?

John Vereker has written: 'Managing resources for development' -- subject(s): Conservation of natural resources, Developing countries, Economic conditions, Economic development projects, Economic policy, Management, Resource allocation


Why is a natural disaster worse in a developing country than in a developed country?

Natural disaster has equal intensity in all global regions who are disaster prone due to natural tectonic faults or other natural disasters , however the underdeveloped or developing nations have no resources or technology for both pre and post disaster management compared to developed nations.This is the reason that disasters are worse in undeveloped or developing nations than developed nations.


How does the global economy affect the apportionment of natural resources?

The distribution of economic power between nations determines where materials are needed most. Because, at any point in time, there are finite amounts of natural resources, these resources are distributed where they are needed in the quantities they are needed.


Why do some nations have wealth while others remain impoverished?

The wealth of nations can be influenced by various factors such as natural resources, economic policies, governance, education, and infrastructure. Nations with abundant resources, stable governments, and effective economic strategies tend to be wealthier, while those facing corruption, conflict, and lack of development often remain impoverished.


How natural resources distributed throughout the world?

Natural Resources are distributed evenly among all nations


What are economic resources including natural resources and capital resources?

factors of productions


What has the author Roland M Harper written?

Roland M. Harper has written: 'The natural resources of Georgia' -- subject(s): Natural history, Economic conditions, Natural resources 'A forest census of Alabama by geographical divisions' 'Economic botany of Alabama' -- subject(s): Botany, Economic, Economic Botany, Plants 'Resources of southern Alabama' -- subject(s): Economic geography, Economic conditions, Natural resources