Is Having Abundant Resources an Absolute Guarantee of Economic Growth

question 126

Multiple Choice

Is having abundant resources an absolute guarantee of economic growth and prosperity?

• A) Yes,as long as a country has a large number of resources,it will prosper.
• B) No,countries also need an aggressive military.
• C) Yes,there are no prosperous countries without a large amount of resources.
• D) No,other factors like institutions and technological advances are relevant too.
• E) No,many countries thrive under collective ownership of property.

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Definitions:

Discrepancy Detection

Noticing something that is different in the environment.

Circadian Rhythms

Biological processes that display an endogenous, entrainable oscillation of about 24 hours, affecting physical, mental, and behavioral changes.

Signal Activation

The process of initiating or triggering a response through a specific signal, often used in the context of communication or biological systems.

Openness To Experience

A personality trait that features the willingness to engage in new experiences, creativity, and a broad range of interests.