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Countries usually gain wealth through the selling of exports.

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How can japan and south Korea have developed countries if they have few mineral resources?

These countries built heavy industrial plants specifically because they lacked natural resources. The lack of natural resources forced these countries to find an effective way to make money. Hi-Tech Industries and Heavy Industries allowed these countries to add value to imported raw materials and generate local wealth. This local wealth was then invested in building up the national infrastructure, effectively turning South Korea and Japan into developed countries.


How does the natural resources in Greece affect its economy?

Greece is a country wealthy from its own natural resources. The country depends on less imports from other countries compared to most other countries. The country has massive amounts of gold, oil, and other natural gases. The economy in Greece is experiencing a depression because the people are not tapping into the wealth of resources.


Who controls the wealth and resources of a society?

The distribution of wealth and resources in a society is typically influenced by a combination of factors, including government policies, economic systems, corporate entities, and individual behavior. Ultimately, the control of wealth and resources can be held by various entities such as governments, corporations, and wealthy individuals.


What is Andrew Carnegie's perspective on wealth and inequality in industrial society?

Andrew Carnegie believed in the concept of "the Gospel of Wealth," which argued that wealthy individuals had a responsibility to use their wealth to benefit society. He believed that inequality was natural in society but could be justified if the wealthy used their resources for the greater good. He emphasized the importance of philanthropy and believed that the wealthy should donate their wealth for the betterment of society.


How do you judge the wealth of a country?

The best way to determine the wealth of a country is to examine it's resources. If a country has excellent medical care and schooling then they are likely rather wealthy.


What is the abstract noun of wealthy?

The abstract noun form for the adjective wealthy is wealthiness.The word wealthy is the adjective form of the abstract noun wealth.


How wealthy is the Islamic states?

The wealth of Islamic states varies significantly based on factors such as natural resources, economic diversification, and governance. Countries like Qatar, Saudi Arabia, and the UAE have high levels of wealth due to abundant oil reserves and strategic investments. However, other Islamic states may have challenges with economic development and wealth distribution.


What is the noun of wealthy?

Wealth.


What is the adjective for wealth?

WEALTHY


How did mercantilism increase the likelihood of conflicts between European powers?

European nations wanted to control more land as a way to become more economically powerful. The hope was to acquire colonies to control their natural resources and make the nation extremely wealthy.


What conclusion can you draw about the number of stones or gems a country can mine and it's wealth?

The number of stones or gems a country can mine often correlates with its wealth, as valuable natural resources can significantly boost the economy through exports, job creation, and investment in infrastructure. However, wealth also depends on factors like governance, technological ability, and the management of these resources. Countries with vast mineral wealth may not necessarily be wealthy if they experience mismanagement or corruption. Thus, while there is a potential link between gem mining and wealth, it is not a straightforward relationship.


How much would be appropriate for wealthy countries to contribute to global health?

Realistically, wealthy countries and the ones who have most of the wealth possess enough to make serious strides in the right direction. Enough should be given that at least some of the health problems are solved.

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