Explain the concept of 'resource curse'. Do you think over dependence on a single resource can hinder a country's development? (Answer in 150 words)
Introduction
Resource curse means presence of rich natural resources in a region becomes a bane.
14 words
Main Body
Africa became victim of colonialism. Resource curse - country's development with over dependence of the country on a single resource, it becomes vulnerable. Mining in Africa pushed it into poverty. It also brings conflicts in the region. Thus affecting the political stability. China's claim on the south china sea waters. It also leads to the dispicion of resources.
Overdependence on coal mining which is non-renewable source. Impact on climate change. Increased industrialization for processing of resources leads to pollution. Way forward - Diversity the resources thus reduce vulnerability. Engaging in regional trade to balance the resource crunch. Strict laws to regulate the use of resources. Innovations to diversify the economy.
Conclusion
The Odisha state in India is an example of resource curse. Tribals are the affected ones. Today, it is balanced with the swadls of development in that area.
28 words
- Clear definition of resource curse
- Uses relevant examples (Africa, mining)
- Links resource dependence to political instability
- Shows understanding of geopolitical implications
Srujana
Distribution of Key Natural Resources
Resource Curse and Economic Development
Over-dependence on Single Resource
152
Total words
1
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