In order for a country to develop a high per capita GDP, it must have a rich endowment of natural resources, particularly energy and mineral resources.

Question

In order for a country to develop a high per capita GDP, it must have a rich endowment of natural resources, particularly energy and mineral resources.​

Quizplus · Accepted Answer

While natural resources can contribute to economic development, there are many other factors that contribute to a high per capita GDP, including education, technology, political stability, and efficient institutions. Countries with limited natural resources can still achieve high levels of economic development through these other factors.

In Order for a Country to Develop a High Per