An over dependence can cause slower economic development
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.
factors of productions
capital resources, human resources, & natural resources
Economic resources are classified into two categories. These are natural resources (land), and human-made resources which (capital, enterprise and labor.)
availability of natural resources
As with all developing nations, it chiefly relies on exporting it's natural 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 more and more resources are being used. Also there are more people to feed and provide resources for.
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.
Well, one way is to give them money, and another way is to I've them natural resources.
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
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.
factors of productions
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
Natural Resources are distributed evenly among all nations
capital resources, human resources, & natural resources
Europeans sought economic gain from natural resources in Africa and consumer markets in Asia.
They rely on Natural Resourses