Sagot :
Answer:
For example, coal and iron are required for the growth and development of the iron and steel industry which is vital for the development of any country. Further, there are many other minerals that are of economic importance. Also, mineral fuels like petroleum, coal thorium, and uranium are of national importance.
Answer:
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. ... High-quality institutions in the present, and planning for the future, can turn the so- called ―resource curse‖ into an opportunity.