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If a nation is rich in resources then it can be developed. justify the statement.


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User Yqlim
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It's a reasonable assumption to make that a country with abundant natural resources is more likely to develop quickly and efficiently. This may be expected because a country's natural riches are likely to boost trade, first inside the country and then with other countries. Huge areas of agricultural land would encourage population expansion, and resources like gold or copper could be sold for industry. Oil and coal are essential for a country's industrialization to take off. Industrialism allows commodities to be manufactured purely for trade with countries that lack the necessary resources. The tertiary employment industry, which provides healthcare, sanitation, and education, arose as a result of industrialization.
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User Adam Greene
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