Quote from: TrevorS on Today at 04:24:09 PM

Quote from: GeorgeJohn on June 16, 2020, 07:27:38 AM

Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion

It all depends on what is in the country. These can be resources, first of all, these are always resources. They can be physical, such as oil, gas, and so on. Or they may be intelligent.
The most developed countries are rich in both. Look at the United States, the whole world depends to some extent on them.

Resources with good governance.

Even with having a rich resources if they don't know how to handle it, the economy of a certain country will fail to rise. Good governance is really helpful for the economic growth to have a better decision making, development, etc., using their own resources that will boost the economy of the country.