What is the resource curse, and how does it impede long-term development?
Fill in the blank(s) with the appropriate word(s).
Countries that discover they have rich deposits of a valuable natural resource, such as oil, often have difficulty converting that sudden wealth into long-term economic growth. Often, the extraction of the wealth will lead to massive wealth creation for a few local elites involved in the industry or for government officials who can tax the proceeds. Corruption is a common result. Also, when great wealth is gained easily, it tends to devalue creative productivity in other industries, and this may hamper the more balanced growth of the economy as all the wealth is generated in the single resource sector.
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Which article set forth the powers of the legislative branch?
a. Article I. b. Article II. c. Article III. d. Article IV. e. Article V.
Which statement about China's population is NOT correct? a. Most Chinese live in the countryside. b. China has over 150 cities with a population of a million or more. c. Although China has over 150 ethnic groups, it is generally ethnically homogenous
d. Most of China's ethnic minorities live in border regions. e. China is the most populous country in the world.