Ask Question
10 January, 02:58

Suppose a nation has a great deal of human capital but few natural resources. in what kinds of products might it specialize?

+2
Answers (1)
  1. 10 January, 03:17
    0
    If a nation has a great deal of human capital but few natural resources, it can specialize on products which do not need natural resources as raw materials. For example, electronics and gadgets. Raw materials for these products can be imported from neighboring countries. Also, the country can specialize in businesses needing more manpower like construction and outsource-based businesses.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose a nation has a great deal of human capital but few natural resources. in what kinds of products might it specialize? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers