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What are obstacles to sustaining 3rd world development?

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What are obstacles to sustaining 3rd world development?

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  1. Lack of materials and/or price of materials.

    As nations develop, they begin consuming building materials. China's development has made the price of copper skyrocket because suddenly everyone can afford a house with copper plumbing and copper electical systems. It happens with all types of building materials, I'm just using copper as my example.


  2. Lack of leadership and corruption.

  3. Corruption, different demand curves.
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