Resource Endowment and Economic Development – S5 Economics Notes

These Senior 5 Economics notes continue the topic of resource endowment and economic development. They describe natural resources that support development, including human capital, minerals, land, water bodies, wildlife and vegetation, and explain the difference between renewable and non-renewable resources. The notes then set out the objectives of exploiting natural resources in Uganda, the disadvantages of exploiting them, and the problems that limit exploitation, such as limited capital, poor infrastructure and corruption. They also cover government measures to increase exploitation, for example land reform, liberalisation, training and infrastructure development. The notes end with revision questions in the essay style used at A-level.