Land, labor, capital, and entrepreneurship are the four main drivers of economic growth.
Their economies have literally been defined by the abundance of oil resources in their countries.Other nations, like Singapore, have developed into important transit hubs due to their good natural harbors.
Resources like coal deposits, iron ore deposits, and even arable land exist in other nations as well. Economic superpowers are well known for being the world's trading partners.
They do not become powerful because they are isolated, but rather because they are indispensable in commerce.The historical record is unequivocally clear.Superpowers have always and will always adhere to free trade principles.
Technology continues to drive job creation and company expansion across all industries, from manufacturing to services to social media.This explains why technologically advanced nations grow much more quickly than others.
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