Impact of Natural Resources on Wealth

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