A country can develop without a large natural resource base.

Question

Quizplus · Accepted Answer

While natural resources can certainly provide a boost to a country's economic development, there are many examples of countries that have developed without a significant natural resource base. These countries have typically focused on developing other sectors such as manufacturing, services, or technology, and have invested in education and infrastructure to support these industries. Examples of countries without significant natural resources that have developed rapidly include Japan, South Korea, and Singapore.

A Country Can Develop Without a Large Natural Resource Base