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Why does africas abundance of natural resources has not translated into economic wealth for most of its population?
Africa's abundance of Natural Resources has not translated into widespread economic wealth due to a combination of factors, including political instability, corruption, and inadequate infrastructure. Many countries rely on resource extraction, which can lead to a lack of diversification in the economy and vulnerability to global market fluctuations. Additionally, wealth generated from resources often benefits a small elite, while the majority of the population remains impoverished. Furthermore, external influences and exploitative practices by foreign companies can hinder local development and equitable distribution of resource wealth.
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What are the factors affecting economic growth in Australia?
It depends on the land and the resources also the population
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
What are the economic goals?
The three economic goals are Economic Efficiency (maximize production with resources available without overproduction), Economic Growth (must grow to keep up with population and increase standard of living), and Economic Stability (stable prices and decreased frequency of 'shocks').
What are the three economic goals?
The three economic goals are Economic Efficiency (maximize production with resources available without overproduction), Economic Growth (must grow to keep up with population and increase standard of living), and Economic Stability (stable prices and decreased frequency of 'shocks').
The natural vegetation economic activity and population patterns of the West are affected by the abundance or scarcity of?
The natural vegetation, economic activity, and population patterns of the West are affected by the abundance or scarcity of water. Regions with ample water resources can support agriculture, industry, and larger populations, while areas facing water scarcity may struggle with limited crop production, economic development, and population growth. Water availability also shapes the types of vegetation that can thrive in a given area, influencing local ecosystems and biodiversity.
What was the population of Syria in 2000?
the economic resources and current state of affairs of Jordan
What are the factors affecting economic growth in Australia?
It depends on the land and the resources also the population
How did an abundance of natural resources contribute to economic froth in the US in the late 1800s?
In the late 1800s, the abundance of natural resources such as coal, iron, oil, and timber fueled rapid industrialization in the United States. This wealth of resources enabled the growth of industries like steel and railroads, driving innovation and attracting investments. As production surged, job opportunities increased, leading to urbanization and consumerism, which further stimulated economic activity. The combination of resource availability and industrial growth created a dynamic economic environment that contributed to the prosperity—and eventual volatility—of the period.
Why do you need to study population explosion?
We need to study population explosion because we also need to match the population wether present or projected to the present and projected economic resources. Failure to do so will cause economic problems in the future.
Is population density an accurate indicator of a country's economic strengh?
Population density can provide some insights into a country's economic strength, but it is not a definitive indicator. High population density may correlate with urbanization and economic activity, but it can also lead to overcrowding and strain on resources. Conversely, countries with low population density might have abundant natural resources or high-income levels despite fewer people. Therefore, while there can be a relationship, economic strength is influenced by various factors beyond just population density.
What is A civilization on a vast open plain with rich resources is likely to be?
A civilization on a vast open plain with rich resources is likely to be prosperous and able to support a large population. The abundance of resources would enable economic development and specialization of tasks, leading to societal growth and advancement. The open plain provides space for expansion and mobility, allowing the civilization to thrive and potentially exert influence over neighboring regions.
What are some of the resources of a city?
Some resources of a city include human capital (population), infrastructure (roads, utilities), natural resources (water, land), economic resources (businesses, industries), and social resources (schools, hospitals).
What are negligible mineral resources?
Negligible mineral resources are those that have little to no economic value due to factors such as low abundance, poor quality, or high extraction costs. These resources are typically not worth extracting or exploiting compared to other more valuable mineral resources.
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are economic resourses?
Economic resources are resources that help the place.
What natural resources have been important to the economic success of the US?
Some of the natural resources that have been important to the economic success of the US include oil, coal, natural gas, timber, and minerals. The abundance and accessibility of these resources have played a significant role in powering industries, fueling transportation, and supporting construction and manufacturing activities throughout the country. Additionally, fertile agricultural land and water resources have also contributed to the nation's economic growth and development.
