How do natural resources impact a country's GDP
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how do natural resources impact a country's GDP
Natural resources can impact a country's gdp highly in their favor.
the GDP is Gross Domestic Product, it is a rate on your economy so if your country has lots of natural resources than selling those resources is putting money into your economy raising the GDP of that country.
All these natural resources create jobs or human capital which is also good for a governments economy. this improves economy because it means that more jobs are being opened and more money is going into the government.
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