Nations that have only a single abundant resource face significant risks,even when that resource is highly valued.

Question

Quizplus · Accepted Answer

This is true because if there is a decline or disruption in the demand for that resource, the economy of the nation will suffer greatly. Additionally, if the resource is not managed sustainably, it can lead to environmental degradation and depletion of the resource itself. Therefore, relying solely on one resource can be risky for a nation's long-term economic and environmental stability.

Nations That Have Only a Single Abundant Resource Face Significant