USA HISTORY

MANIFEST DESTINY 1806 1855

MANIFEST DESTINY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was different about the economic development of the West?
A
Limited land and immigrants.
B
Inexpensive land and abundant natural resources.
C
A weak government allowed crime to thrive.
D
None of the above
Explanation: 

Detailed explanation-1: -Natural resources: A natural resources is any natural materials that is either useful or valuable, this can include: water ( i. e. ground water), natural gas and crude oil. Economic resources: A reserve is the amount of a resource that can be economically extracted using the existing technology.

Detailed explanation-2: -They contribute towards fiscal revenue, income, and poverty reduction. Sectors related to natural resources use provide jobs and are often the basis of livelihoods in poorer communities. Owing to this fundamental importance of natural resources, they must be managed sustainably.

Detailed explanation-3: -Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. Natural resource is a key input in the production process that stimulates economic growth.

Detailed explanation-4: -Natural Resources as Economic Factor in Economic Growth Natural resources include land area and soil quality, forest wealth, a good river system, minerals and oil resources, a favorable climate, and so on. The abundance of natural resources is critical for economic growth.

There is 1 question to complete.