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Is Having Abundant Resources an Absolute Guarantee of Economic Growth

Question 102

Multiple Choice

Is having abundant resources an absolute guarantee of economic growth and prosperity?


A) Yes,as long as a country has a large number of resources,it will prosper.
B) No,countries also need an aggressive military.
C) Yes,there are no prosperous countries without a large amount of resources.
D) No,other factors like institutions and technological advances are relevant too.
E) No,many countries thrive under collective ownership of property.

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