Does a Country Have to Be Blessed with Large Quantities

question 135

Essay

Does a country have to be blessed with large quantities of natural resources in order to enjoy a high standard of living? Briefly explain.

---

Definitions:

Evidenced by Writing

The requirement that an agreement or transaction must be documented in written form to be legally enforceable or recognized.

Enforceable

Capable of being imposed or upheld by legal means, particularly in the context of contracts or obligations.

Implied

Something suggested or understood without being directly stated, often used in legal contexts to describe obligations or contracts.

Verbal

Relating to or consisting of words; spoken rather than written.