Question: Read Chapters 3 and 4 Please answer the following in no more than two paragraphs per question... Why might it be that a country rich

Read Chapters 3 and 4

Please answer the following in no more than two paragraphs per question...

  1. Why might it be that a country rich in natural resources, say, like, Zimbabwe, cannot out produce in GDP and productivity, Singapore, a city-state, in Southeast Asia with comparable few resources?
  2. How does specialization in trade lead to greater economic prosperity for a nation?
  3. What has been the impact of COVID-19 on workforce participation, inflation, and supply-chain delivery systems over the past three years. Hint: It "ain't been pretty! :(

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