Why do the economies of countries in places react to prices

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Reference no: EM132303126

The Cost of Natural Resources

The economies and health of entire populations of the developing world are affected significantly when oil prices rise or when natural resources like coal and natural gas are used in abundance.

What are the adverse effects of the use of these natural resources on populations and why do the economies of countries in places such as the Global South react to oil prices so severely compared to developed countries like the United States?

Reference no: EM132303126

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Why do the economies of countries in places react to prices : What are the adverse effects of the use of these natural resources on populations and why do the economies of countries in places.
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