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Describe the conditions governing alternative-outcome relationships.
High-Income Nations
Countries with a high gross national income per capita, offering their citizens a relatively high standard of living and economic stability.
Natural Resources
Materials or substances occurring in nature which can be exploited for economic gain, such as minerals, forests, water, and fertile land.
Lower-Income Countries
Nations with relatively low levels of economic resources and standards of living, often measured by gross domestic product (GDP) per capita.
Absolute Poverty
The amount of money needed in a particular country to meet basic needs of food, shelter, and clothing.
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