Which of the following is the definition of the resource curse?

A. the ecological damage caused due to severe pollution related to the large scale extraction of oil
B. the allocation of all government tax revenue, including oil revenues, based on the principles of equitable distribution and welfare
C. the exploitation of capital in the quest to extract as much natural resources as possible in a short period of time at the cheapest cost
D. the primary goal of the British to rule Nigeria using the indirect rule approach, rather than the direct rule approach
E. the observation that countries rich in natural resources often display poor economic development and governance than countries lacking these resources

E