why is the DRC considered the best example of the resource curse? A) because its natural resource wealth is large, but quality of life for its citizens is very low B) because it ran out of its natural resources resulting in a series of civil wars C) because the value of its natural resources decreased over time while the cost of developing them increased D) because its natural resources are difficult to access so the country had not been able to sue them

Question

why is the DRC considered the best example of the resource curse? A) because its natural resource wealth is large, but quality of life for its citizens is very low B) because it ran out of its natural resources resulting in a series of civil wars C) because the value of its natural resources decreased over time  while the cost of developing them increased D) because its natural resources are difficult to access so the country had not been able to sue them

GPT-4o mini · Answer

The correct answer is A) because its natural resource wealth is large, but quality of life for its citizens is very low.

The Democratic Republic of the Congo (DRC) is often cited as a classic example of the resource curse, where a country with abundant natural resources experiences low economic growth and poor development outcomes. Despite its vast wealth in minerals like cobalt, diamonds, and gold, the DRC struggles with issues such as poverty, conflict, and weak governance, leading to a low quality of life for its citizens. This scenario exemplifies the paradox of plenty, where resource-rich countries often face significant challenges in translating that wealth into broader social and economic benefits.