UNDERUTILISED NATURAL RESOURCES

Most of the developing countries are rich in natural resources However, their exploration and exploitation is limited. Sometimes foreign companies control them. Generally, raw products are exported at low price. These countries lack suitable technology and work force to make the resources more productive and profitable. They earn less from bountiful nature Take the case of Nepal; it’s the second largest country in hydropower resources resource in Asia. Laos is rich in timber wood. Argentina abounds in wheat and meat produce. Nevertheless, harnessing the benefits from these resources on their own is highly skewed. Because of the underutilization of available of resources, these countries are poor.