Does the level of economic development of a country depend on the territory and on the provision? Examples

The territory of the state is an important factor in its economic development. The larger a country is in area, the more natural resources it has and the more diverse they are. The availability of natural resources makes it possible to organize various types of production. Many countries around the world sell their natural resources and generate income in this way. There is always the possibility of resettlement and development of new lands. Small states are always poor in minerals. They have the problem of high population density, lack of territory for the construction of communication lines and enterprises. But it does not mean at all that small states or countries poor in natural resources should be economically underdeveloped. On the contrary, a lack of resources can stimulate economic development. The economy of Russia is characterized by a complex structure, a variety of products. Most of the industries process natural resources. Small in area Western European states, despite the lack of territory and natural resources, have reached a high level of economic development, the standard of living of the population.