As the demonstrated by Japan,the resource base of a country determines how well it can do in the world economy.

Question

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A country's resource base is one important factor for its economic success, but it is not the only factor. Other factors, such as human capital, technology, political stability, and institutions, also play important roles in determining a country's economic performance. Japan, for example, has limited natural resources, but it has invested heavily in education, research and development, and technology to become one of the world's leading economies.

As the Demonstrated by Japan,the Resource Base of a Country