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icang [17]
2 years ago
13

How do natural resources in the Middle East impact economic development

Social Studies
1 answer:
Rom4ik [11]2 years ago
7 0
Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. ... Natural resources have limited direct economic use in satisfying human needs but transforming them into goods and services enhances their economic value to the society.


I hope this makes sense and helps :)
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