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How important is it for nations to control natural resources?

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Natural resource revenues have also been linked to slow economic growth rates, inequality, and poverty. One culprit may be the so-called "Dutch disease," whereby resource revenues raise a country's exchange rate, hurting competitiveness in non-resource sectors. read more

You ask how important it is for nations to control natural resources. The simplest answer is"pretty damned important". In fact, I would have to say THE most important concern for any country. There are a lot of things that any country has to trade. If that commodity is common, then the value of it is greatly reduced. read more

Natural resources in the United States that have a considerable impact on the nation's economy include the land, coastlines, and water. The U.S. coastlines have contributed billions of dollars and over two million jobs. read more

Since the early part of the 19th century, Europeans vied to control the Middle East. The Sykes-Picot Agreement of 1916 divided the Ottoman lands between the British and the French, giving those nations control over any natural resources, most importantly oil. Modern armies were thirsty for oil. read more

You ask how important it is for nations to control natural resources. The simplest answer is"pretty damned important". In fact, I would have to say THE most important concern for any country. read more

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