Countries rich in natural resources often trade them globally, influencing their economy and political power. Scarce resources lead others to import, shaping international trade routes and economic relationships.
Class 8 Social Science Chapter 1 Natural Resources and Their Use question answer
Class 8 NCERT Social Science India and the World: Land and the People Chapter 1 Natural Resources and Their Use
Natural resource availability directly shapes trade patterns. Nations with oil, coal, or rare minerals export them, gaining revenue and influence. Countries lacking these must import, sometimes at high costs. This dependency affects political alliances, trade policies and national economies. Regions with valuable resources often develop ports, industries and infrastructure to support exports, making resource access crucial in global commerce.
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