List and describe at least four reasons why some countries are rich and some are poor.

Explanation:

1) Countries are rich because of their natural resources.

Eg. Saudi Arabia

2) When a country has natural resources, It has many industries.

When products are manufactured in the industries, they are sent to different parts of the world and gain income.

3) Have higher income per capita

4) Financial and economic policies of the ruler along with corruption free environment.

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