resources are god gifted . more resources more development. yes the above statement is true.
Resources are important for the development of any country. It would be a fair assumption to make that a country with a large. Natural resources, economic growth, and sustainable development. .resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. Natural resource is a key input in the production process that stimulates economic growth. No resources no growth.Natural resources, both renewable and non-renewable, and ecosystem services are a part of the real wealth of nations. They are the natural capital out of which other forms of capital are made. They contribute towards fiscal revenue, income, and poverty reduction.the measures of natural resource wealth may be endogenous to institutions and, in particular, its level of democracy.
thus for the proper development of a nation being rich in resources is benifitial
Answer:
Mode and median
Explanation:
Mode- This is defined as the measure of the central tendency, which includes the most ordinary number in an arrangement. Mode is defined as the value which is most likely to be sampled.
Example- In the following set of numbers: 1, 4, 4, 4, 5, 9, 8; the mode would be 4 because it has occurred most frequently.
Median- It is a measure of central tendency, which is the midpoint in an arrangement of numbers. Median is a number that is halfway into the arrangement of the numbers.
Example- In the following set of numbers: 1, 2, 3, 4, the median is 2.5
1. Letter C is the correct answer.
2. Letter E is the correct answer.
Mercantilism was an economic system used by European powers from the 16th to the 18th centuries. This system was responsible for generating wealth to national powers while colonies were being strongly explored. According to the British theory of mercantilism, the colonies should be carefully controlled in order to support the metropole's needs. Thus, taxing colonial goods at a higher rate than the same goods produced in Britain was a mercantilist strategy found that served the home country's needs and harmed the colonial economy at the same time.
Answer:
C. It decreased the number of goods available
Explanation:
Answer: B. Authorized Congress to implement a graduate income tax
Explanation: The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows Congress to impose an income tax from any source without alotting it among the states on the basis of population.
