Post
Topic
Board Economics
Re: Resource based economy?
by
giantrobot
on 08/04/2018, 15:07:57 UTC
Countries that have a lot of mineral resources, then that country will develop very well. Mining mineral resources to enrich the country.Many countries in the world exhausted mineral resources must be imported from other countries, so when the product generated from the resources sold at very high prices.
Most of the extracted minerals are in raw form, they have not been processed. So the product they sell is quite cheap. Great countries have imported minerals and processed them into products and sold them at higher prices