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What is the Natural Resource Curse?

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The Natural Resource Curse refers to countries rich in resources but suffering from poor governance, inequality and slow development. Wealth from resources may cause corruption and conflict instead of improving people’s lives.

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

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  1. The Natural Resource Curse is when countries with abundant natural resources fail to achieve development and stability. Instead of prosperity, they face corruption, conflict, poor governance and dependency. For example, oil-rich nations may neglect other sectors. Mismanagement and unfair distribution worsen inequality. This paradox shows that resources alone don’t bring progress—wise planning, transparency and fair policies are essential to convert wealth into well-being.

     

    For more NCERT Solutions for Class 8 Social Science Chapter 1 Natural Resources and Their Use Extra Questions & Answer:

    https://www.tiwariacademy.com/ncert-solutions/class-8/social-science/

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