Cutthroat-win at any cost
The impact that location of resources has on countries and their economies around the globe is that of supply and demand. If a country is lacking in a resource, let's say steel, yet the demand for steel in that country is high then the economies cycle breaks and the government must spend more money to have the product imported in. They have to do this in order to keep the process of supply and demand, if there is no steel, then there is no demand and this part of the economy crumbles.
<span> do not know what you definition of "end of the century" is, here are the phases of development of the German economy since WW II: </span>
<span>after introduction of German Mark in 1948/1949 until 1973: "Economic Wonder", high growth rates, decreasing unemployment to the point where we hired foreign workers from Italy/Greece/Portugal/Spain, </span>
<span>1973: Oil shock and stagflation: growth rates reduced to 2 - 3 % average until 1990, high inflation which went down by the end of he period to 2 %, rising unemployment up to 8 % </span>
<span>1990: Re-Unification with Eastern Germany triggered a short term high growth rate, but also unemployment increased to nearly 10 % by end of century, economical growth GDP around 1 - 2 %, </span>
<span>significant increase in government debt and deficits as huge investment in East German infrastructure and retirement/health care/ unemployment system. By the end of the century Germany was considered "the sick man of Europe". </span>
<span>From 2002: "Agenda 2010" with major labor market reforms lead to higher employment (today around 6 %), and significant reduction in deficit: today just 8 bn $ and growth rats 2 - 3 % per year.</span>
Answer:
Nation's sent explorers to get glory, land, and riches
Explanation:
