Russia's Natural Resources and the Policies That Create Wealth
47 sec Politics
If you were to make a table of countries in proportion to the natural resources they have, the top one would almost certainly be Russia.
She has everything: oil, gas, diamonds, platinum, gold, silver, all the industrial metals, marvelous standing timber, a wonderfully rich soil.
But countries are not rich in proportion to their natural resources.
Countries are rich whose governments have policies which encourage the essential creativity, initiative, and enterprise of man and recognize his desire to do better for his family.
End of transcript · 83 words
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