Natural Resources and Economic Policies
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
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