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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.

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How did the geography of Greece affect the growth of their economy?

The majority of ancient Greece was a mountainous region not suitable for economies based on large-scale agriculture. (Note that Spartan society in Peloponnesus was an exception to this generalization and was based on a strong agricultural economy.) However, ancient Greece had abundant coastline in the Mediterranean that made it an ideal center for a trade-based economy. In later years, the economies of some city-states (such as Athens) relied more on trade than agriculture, which was the traditional economic base for ancient societies.


How did European exploration and colonization influence the development of Latin America?

European exploration and colonization profoundly transformed Latin America through the introduction of new political, social, and economic structures. The Spanish and Portuguese imposed their languages, religions, and cultures, leading to a blending of Indigenous and European traditions. This period also resulted in the exploitation of natural resources and Indigenous populations, establishing a colonial economy reliant on agriculture and mining. The legacy of colonization continues to affect social hierarchies and governance in the region today.


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In the scientific sense, we destroy it and act as parasites, sapping its resources. In the historical sense, we cause wars, and ruin each other's life.


How did the civil war affect the souths economy?

Ruined it. The blockade stopped them from exporting their cotton. Nearly all the battles were on Southern soil, causing endless damage. Later, Sheridan and Sherman went out of their way to wreck farms and railroads, aiming to destroy the Southern economy. Eventually the Confederate dollar became a joke-currency.

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How do South Korea's limited resources affect it economy?

Becauase