Why are some countries rich in natural resources, but are still poor? and other have practically none and are considred to be in the top countries? For example Singapore, is a small island with practically no natural resources, has a huge population and yet is booming. (i know they are big in the trade and thats why they are rich) and then countries like many in africa are rich in oli, gold, diamonds and even platinum (in South africa) and are sturggling.
p.s this is what i do know / think..... many of the africa governments are corrupt, their is civil war, the infrastructure is in ruins from civil war, the education is poor, but dose anyone know something more specific.
2007-05-24
02:43:48
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8 answers
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asked by
Anonymous
in
Economics