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What economic activitie is very dependent upon Canada's abundant natural resources?
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What was the economic success that the mughals in India was dependent on?
economic success of subjects under their rule
What is the economic resources of Canada Canada?
Oil, forestry, agricultural products, manufacturing (automobiles).
What are the economic gains of central Africa?
cheap over powering labor and many natural resources
What are the economic activities in deserts?
The economic activities in deserts are mainly exploring oil and quarrying... Let's take an example of Saudi Arabia, they have industries based on petroleum. They also earn a lot by exporting the natural resources they have.
Factors of production history?
Factors of production are essential conditions or resources that favor economic production, and include land, labor, entrepreneurship, and capital.
What economic activity is very dependent upon Canada's abundant natural resources?
Oil Production
What country's economic development benefits from its abundant energy resources?
Russia.
What factors made the US especially favorable for economic growth?
(all of these) varied climate, abundant resources, rich land
What are the reasons why we need to have abundant energy resources?
Having abundant energy resources is important to ensure a stable and reliable energy supply for powering homes, industries, and transportation. It also helps promote economic development, create jobs, and support technological advancements. Additionally, abundant energy resources can reduce dependency on fossil fuels and contribute to reducing greenhouse gas emissions and combating climate change.
What factors contributed to slow economic development in Latin American nations despite abundant natural resources?
they had been dependent on only one or two exports. Also, wealth was in the hands of only a small percentage of people, while the rest of the people were poor. They also relied on other nations for manufactured goods, which made them dependent upon them. ed options c;
Why are the region most important resources?
Regions vary in the availability of natural resources, which can significantly impact their economic development. Regions with abundant resources like oil, minerals, or fertile land often have a competitive advantage to support industries, create jobs, and drive economic growth. Access to resources also influences geopolitics and can determine a region's strategic importance globally.
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 theory being observe in Philippines?
One theory being observed in the Philippines is the "Resource Curse Theory," which suggests that countries abundant in natural resources may face challenges such as corruption, economic instability, and slow development due to mismanagement or overreliance on these resources. The impact of this theory is being studied in the context of the Philippines' rich natural resources and how they contribute to the country's overall economic development.
Why do countries depend on each other for natural resources?
Countries depend on each other for natural resources because not every country has access to all the resources it needs. Some countries have abundant reserves of certain resources, while others have shortages. By trading with each other, countries can obtain the resources they lack, promoting economic growth and stability.
How did geographic differences between regions lead to economic differences between them?
Geographic differences such as natural resources, climate, and access to transportation routes can impact economic activities like agriculture, industry, and trade in a region. Regions with abundant resources and favorable conditions tend to have stronger economies compared to regions with limited resources or less favorable conditions. Additionally, proximity to markets and trade routes can also affect economic growth and development between different regions.
Is the study of economics necessary in a situation of abundant resources?
is the study of economics necessary in a situation of abundant
