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writing prompt can less developed countries rich in natural resources overcome the resource curse? you can start your cerca with your summary, ideas from your personal connection writing, or an attention - getting question, fact, or quotation. need help getting started?
The 'Resource Curse' refers to the paradox where countries with abundant natural resources tend to have slower economic growth, less democracy, and more social - unrest compared to resource - poor countries. Less developed countries can overcome it by diversifying their economies to reduce over - reliance on resource extraction, improving governance to ensure transparency in resource management, investing in human capital for long - term development, and using resource revenues for sustainable infrastructure and innovation.
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Yes, less developed countries rich in natural resources can overcome the 'Resource Curse' through economic diversification, good governance, human capital investment, and sustainable use of resource revenues.