Globalization has increased the demand for the logistical support and marketing sectors, but has led to a decline in the manufacturing industry. The effects of this are the same as those caused by the:
A) renewable curse.
B) depreciation curse.
C) resource curse.
D) common curse

Question

Quizplus · Accepted Answer

The resource curse refers to the paradox where countries with abundant natural resources often experience less economic growth and worse development outcomes due to a focus on resource extraction at the expense of other sectors, similar to how globalization can shift focus away from manufacturing.

Globalization Has Increased the Demand for the Logistical Support and Marketing