This view is constantly used in a capitalistic society (arguments) - it is a view that any person because of possession may use that possession or resource in any way they see fit, even if that is to the disparagement of another and profit by the holder.
For a period of time in the United States this view was outlawed by court rulings (see the Watershed cases), but it was quickly burred by those who wish to profit from this type of viewpoint.
Natural resources.
It has a vast amount of mineral wealth including natural gas.
The Ming Dynasty
Because of its geographical position and wealth in natural resources.
Marine wealth includes the vast variety of Natural Resources available from the oceans and seas, as well as the food and marine life by-products that can be harvested.
Russia receives most of its wealth from the exportation of natural resources such as oil & gas.
Labor, natural (oil, gold), means of production, arbitrage.
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The resources that contribute to the creation of wealth include natural resources, such as minerals and land; human resources, which encompass labor and skills; and capital resources, like machinery and technology. Additionally, entrepreneurship plays a crucial role by combining these resources to innovate and create goods and services. Together, these elements drive economic growth and increase overall wealth in a society.
To efficiently increase wealth and income, a nation should focus on optimizing its natural, human, and capital resources. This can be achieved by investing in education and skills training to enhance human capital, adopting sustainable practices to efficiently manage and utilize natural resources, and fostering innovation and entrepreneurship to stimulate economic growth. Additionally, creating a conducive business environment through effective policies and infrastructure development will attract investment and facilitate trade, further boosting wealth and income.
It became known as the Empire State because of it's wealth and natural resources.
Oil