Effects on economic factors Flashcards
1
Q
Are countries with more natural resources economically stable? Why?
A
Yes, these countries have necessary human survival objects that other countries want and need. So they trade!
2
Q
Name 10 Countries that have lots of natural resources to benefit from:
A
- Canada
- America
- Russia
- Saudia Arabia
- China
- Brazil
- Iran
- Iraq
- Venezuela
- Australia
~ BONUS ~ 11. India
3
Q
What do countries with insufficient amount of natural resources do for money?
A
They manufacture or put together items and then sell them.
4
Q
True or False: Most countries that have natural resources are well-developed.
A
True! That’s why countries rich in natural resources like Canada have good economies. The resources bring in revenue.