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'Developing countries have a low standard of living, yet many have much wealth in natural resources which multi-national companies would like to exploit.' Discuss which

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'Developing countries have a low standard of living, yet many have much wealth in natural resources which multi-national companies would like to exploit.' Discuss which is the better way of increasing the standard of living: to allow multi-national companies to exploit all the natural resources, or for the government to increase expenditure on education and health. [25]

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