Question

Natural recources and the role in countrys economy in mexico and brazil and cuba in 2 sentences each

Answer 1

Mexico: Mexico’s natural resources include substantial oil and natural gas reserves, large mineral deposits (notably silver, copper and gold), fertile agricultural land and forests. Historically oil and mining provided major export earnings and government revenue, but the economy has diversified toward manufacturing, services and remittances, so hydrocarbons and minerals now account for a smaller share of GDP than before.

Brazil: Brazil has vast natural resources — the Amazon rainforest, huge freshwater and arable land, large iron ore and other mineral deposits, significant offshore oil fields and abundant hydropower capacity. Agribusiness (soy, beef, sugar), mining (especially iron ore) and energy exports drive export revenues and rural employment and have powered growth, though dependence on commodities and environmental impacts (deforestation) pose major risks.

Cuba: Cuba’s resources are more limited but include sizable nickel (and some cobalt) deposits, arable land used for sugar and tobacco, fisheries and modest offshore oil. Nickel and tourism are important sources of foreign exchange, yet natural-resource extraction plays a smaller role in the economy than services, remittances and state-managed sectors.