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Countries develop physical resources to enhance their economic growth, improve living standards, and achieve self-sufficiency. By harnessing Natural Resources like minerals, forests, and water, nations can generate revenue, create jobs, and foster industrial development. Additionally, developing these resources helps countries reduce reliance on imports and increases their competitiveness in global markets. Ultimately, effective resource management contributes to sustainable development and the well-being of citizens.
What else can I help you with?
What are the advantages for countries to have deposits of coal and oil?
for example, they can develop their own industries without depending on other countries. Transportation will be less costly for countries with these resources. Other countries will pay for oil and coal.
What is a reason for unequal distribution of resources?
Trade networks develop to exchange resources.
What is one effect of the unequal distribution of resources?
Trade networks develop to exchange resources.
Considering the lack of natural resources labor problems the lack of capital and little exsiting industrialization of developing countries how is it they are able to develop?
They won't be able to develop, (ex. Japan is an industrial power, but its paucity of natural resources will eventually make Japan no longer a country. The Japanese will be sent off to another country, and a war will begin.) This may sound unbelievable but trust me, i am an exfilous genius.
Why does each country have to develop an economic system?
Countries have to develop economic systems to provide the framework for people inside of the countries to have a means of making money and sustaining their livelihoods.
Why does Caribbean countries develop their physical resources?
The Caribbean islands have used their warm climate and beautiful beaches to build a strong tourist industry.
Why Caribbean countries develop their physical resources?
Reasons why caribbean countries develop their physical resource are to maximies profit and to better their products so that consumers are happy also to help sustain their economy.
What was the result of develop countries extracted resources from their colonies?
There was a one-way flow of wealth favoring the colonizers.
What are the countries that lack physical resources?
kazakhstan, yemen, saudi arabia, turkmenistan and afghanistan
What are the advantages for countries to have deposits of coal and oil?
for example, they can develop their own industries without depending on other countries. Transportation will be less costly for countries with these resources. Other countries will pay for oil and coal.
Why was the US able to develop an atomic bomb before anyone else?
We had the machinery and minds able to do what some primitive countries probably did not have at the time to develop the atomic bomb. Also we had resources capable of making such a weapon that other countries didn't.
Based on what you know about physical geography of the two countries in what ways do you think the resources are similar?
i think their resources are similar because they use it from the same things. :)
What is a typical Marxist's view on the WTO?
The World Trade Organization seeks to develop trade between countries. One consequence of globalization is the exploitation of developing countries' resources and labor, which a Marxist would certainly be opposed to.
Why is human resource more important than physical resources?
because with out human resources there would be no physical resources
What are physical resources?
physical resources are the resources that are made by man through his abilities and skill.the buildings,technology, and many more products that are made by man is an example of physical resources.this resource helps man's daily activities become easy.
Why you should develop potential resource?
You develop these resources so that they can be used in future
Is money considered as physical resources?
No, money is not considered a physical resource in the same way that natural resources like water or minerals are. Money represents a medium of exchange that facilitates transactions and the allocation of physical resources. It does not have intrinsic value like physical resources do.
