Singer claims that developing nations with rich deposits are always better off than otherwise comparable nations without those resources.

Question

Quizplus · Accepted Answer

This claim is not always true. The presence of natural resources can often lead to corruption, conflict, and economic instability in developing nations. Additionally, countries that become overly reliant on a single export can suffer greatly from fluctuations in global commodity prices. Therefore, having rich resource deposits does not guarantee economic prosperity and development for a nation.

Singer Claims That Developing Nations with Rich Deposits Are Always