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murzikaleks [220]
3 years ago
13

How do natural resources and geography relate to economic growth for a country?

Business
2 answers:
allsm [11]3 years ago
7 0

Limited natural resources like infertile land and lack of coastal access can limit economic growth of a country.  

<u>Explanation:</u>

Agriculture is an important sector that determines a country’s economic stability. If a country   does not have enough agricultural productivity it should depend on other countries to meet its needs. This will cause the outflow of wealth from the nation to other countries and slow down its economic growth.  

Fertile land is the necessary resource that ensures stable agricultural productivity. If a country’s geographical location favours its trade relations with other nations, imports and exports become smoother. Coastal access is an important factor that boosts up a country’s active participation in global trade.  

Thus infertile land and lack of coastal access can bring down the economic growth of a country.

Archy [21]3 years ago
4 0

Answer:

Limited natural resources such as infertile land and lack of coastal access can limit economic growth for a country.

Explanation:

Natural resources are a source of wealth for the country.  Mineral such oil and precious stones have made nations wealthy.

Land is a factor of production. Lack of fertile lands will make a nation dependent on imports for its food security.  Access to coastal areas facilitates cheaper and fast international trade. Landlocked countries use harbor of other nations for global business. Goods and services from landlocked counties may be more expensive as a result of high transport costs.

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A. increase in sales volume

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Base on the scenario been described in the question, the one that would best explain the sales volume variance for sales​ revenue will be increase in sales volume according to the to the table given above

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The correct answer is letter "D": analyzing competitors’ pricing.

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3 years ago
Which position or group of stakeholders has the most power in your organization or one with which you are familiar? Is their pow
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The stakeholder group with the most power over the organization is the board, whose power is gained through formal positions.

<h3 /><h3>How is the board of directors formed?</h3>

It is formed by the company's owners, investors and shareholders, who occupy the highest hierarchical positions and have the greatest decision-making power over organizational actions.

The distribution of power in a company can motivate employees, because leadership is able to influence positive attitudes.

Therefore, in some companies, there is also the decentralization of functions, generating greater autonomy in the lower hierarchical positions.

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4 0
2 years ago
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Hatshy [7]

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5 0
3 years ago
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Answer:

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3 years ago
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