Because it has few energy resources.
Southern banks struggled to support industrial development.
Several factors can slow economic growth in a region, including inadequate infrastructure, limited access to education and healthcare, and political instability. High levels of unemployment and underemployment can also hinder economic development by reducing consumer spending and investment. Additionally, regulatory barriers and corruption can stifle entrepreneurship and discourage foreign investment, further impeding growth.
they helped convert water power to machine power
southern banks struggled to support industrial development
The region is surrounded by water so it became a port region. Its economy grew from ship ports.
British Columbia's economic regions include the Northern Development's region.
Economic Cooperation Organization's motto is 'Sustainable socio-economic development for people of the region'.
hobbled the economic development of the region as a whole
Nepal
The Innuitian Mountains region is situated in a remote location with harsh arctic conditions, making development difficult and expensive. The area also has limited resources and a small population, which reduces the economic incentive for large-scale development projects. Additionally, environmental concerns and conservation efforts have contributed to protecting the region from extensive development.
Southern banks struggled to support industrial development.
Cuba's economy is facing challenges compared to other countries in the region. The country has struggled with low economic growth, limited foreign investment, and a reliance on outdated economic policies. This has resulted in lower living standards and limited opportunities for economic advancement for its citizens.
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they helped convert water power to machine power
southern banks struggled to support industrial development
southern banks struggled to support industrial development
The region is surrounded by water so it became a port region. Its economy grew from ship ports.